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
Source-derived case record
Summary, issues, holding and outcome
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Parties
Zimbabwe Allied Bank Limited
Plaintiff
Caleb Dengu
Defendant
Wilson Tendai Nyabanda
Defendant
Procedural Posture
Civil / Trial Preliminary Objection
Legal Issues
- 1 Whether a company under liquidation requires leave of court to continue proceedings commenced before liquidation
- 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.
Full Case Text
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