Plaintiff issued summons against the defendantclaiming
$150 000 plus 28% interest per annum arising from the defendant’s alleged negligence and breach of professional duty. The negligence arises from disbursing to the sellerthe purchase price of properties sold to the purchaser before registration of transfer into the name of the purchaserand registration of mortgage bond in favour of plaintiff which funded the transactions. More
The appellant and the respondent were in a banker-customer contractual relationship. The respondent operated a current account and a fixed deposit account with the appellant Bank. More
On 3 October 2016, plaintiff issued out summons against the defendant claiming a total of $85 773.69 arising out of a loan agreement.
In his plea, the defendant admits the loan of $10 000 but denies any other loan in excess of that. He also pleads prescription and counterclaims for cancellation of the mortgage bond securing his indebtedness. However, at the commencement of the trial, the defendant admitted liability as claimed save that he disputed the quantum of the balance. The parties agreed to proceed to trial merely on the issue of quantum. More
This is an application for summary judgment in terms of r 64(1) of the High Court Rules,1971. Applicant sought to recover an amount of US$445 740.93 being monies due and owing in terms of overdraft and loan facilities extended to the respondents. More
The plaintiff is a corporation registered in terms of the laws of Zimbabwe. The defendant is also a corporation registered in terms of the laws of Zimbabwe. The defendant accepted appointment as a reinsurance agent of the plaintiff whose duties included delivering communications from the plaintiff to its reinsurers. More
