Zimbabwe Allied Bank Ltd. v Dengu & Anor (HC 432 of 2013; HH 583 of 2015) [2015] ZWHHC 583 (1 July 2015)

Zimbabwe Allied Bank Ltd. v Dengu & Anor (HC 432 of 2013; HH 583 of 2015) [2015] ZWHHC 583 (1 July 2015)

A company in liquidation cannot proceed with legal proceedings commenced before liquidation without the liquidator first obtaining leave of the court under section 221(2) of the Companies Act. The plaintiff, being under liquidation, lacked locus standi to continue without such leave.

Source-derived case information.

Citation
[2015] ZWHHC 583
Parties
Plaintiff: Zimbabwe Allied Bank Limited; Defendant: Caleb Dengu; Defendant: Wilson Tendai Nyabanda
Court
Harare High Court
Jurisdiction
Zimbabwe
Judgment Date
1 July 2015
Case Number
HC 432 of 2013 ; HH 583 of 2015
Procedural Posture
Civil / Trial Preliminary Objection
Outcome
preliminary objection upheld; matter struck off the roll
Legal Topics
Liquidation, Locus Standi, Leave of Court, Powers of Liquidator
Source Language
english
Company Law Civil Procedure Liquidation Locus Standi Leave of Court Powers of Liquidator

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Parties

Zimbabwe Allied Bank Limited

Plaintiff

Caleb Dengu

Defendant

Wilson Tendai Nyabanda

Defendant

Procedural Posture

Civil / Trial Preliminary Objection

  1. 1 Whether a company under liquidation requires leave of court to continue proceedings commenced before liquidation
  2. 2 Whether the plaintiff has locus standi to continue with the proceedings without leave of court

Ratio Decidendi

A company in liquidation cannot proceed with legal proceedings commenced before liquidation without the liquidator first obtaining leave of the court under section 221(2) of the Companies Act. The plaintiff, being under liquidation, lacked locus standi to continue without such leave.

Court Disposition

preliminary objection upheld; matter struck off the roll

Orders

  • The matter is struck off the roll.
  • The plaintiff is ordered to pay costs.