The applicant filed this urgent chamber application seeking a Provisional Order in the following terms as amended.
TERMS OF FINAL ORDER SOUGHT
“1. In the event of the respondents failing to discharge all of their obligations towards the applicant, including the payment of all capital amounts due and owing to the applicant together with all interest accrued, by 30th October 2011, the first respondent’s shareholding in Africa First Renaissance Corporation Limited, be transferred to the applicant.
2. The respondents pays costs of this application at an attorney and client scale with the one paying the other to be absolved More
The applicant seeks a Provisional Order in the following terms as amended:
“TERMS OF INTERIM RELIEF SOUGHT
IT IS ORDERED:
1. That the first respondent’s share certificates in Africa First Renaissance Corporation Limited be deposited with the registrar, High Court, Harare pending the final determination of this application.
2. That the first respondent be and is hereby interdicted from transferring, disposing of or encumbering in any other way, their shareholding in Africa First Renaissance Corporation Limited pending the final determination of this application.
3. That the Respondents pay the costs of this application, the one paying the other to be... More
Plaintiff sued defendant for payment of the sum of $20 020.00 being an amount due and owing to plaintiff in respect of the cost of certain recharge cards sold to defendant in terms of a written agreement. More
The plaintiff issued summons against the first defendant for the payment of US$94 652.00 being balance due for airtime recharge cards advanced to the first defendant on credit. The plaintiff was also seeking an order declaring specially executable a certain piece of land situated in the district of Bulawayo being Stand No. 92 Fortunes Gate Township 6 Lot 12 EF Matsheumhlope measuring 4159 square meters held under deed of transfer number 2520/2004. This property belongs to the second defendant who is a director and shareholder of the first defendant. In 2011 he registered a mortgage bond as security for the... More
