Can I read HH04-08 - Cecil Madondo (In His Capacity As The Duly Appointed Liquidator of Century Discount House LTD) VS Zimbabwe Banking Corporation on EtoBox?

HH04-08 - Cecil Madondo (In His Capacity As The Duly Appointed Liquidator of Century Discount House LTD) VS Zimbabwe Banking Corporation by Arnold Musapuri is a document available to read on EtoBox.

What is HH04-08 - Cecil Madondo (In His Capacity As The Duly Appointed Liquidator of Century Discount House LTD) VS Zimbabwe Banking Corporation about?

The case involves a dispute between the liquidator of Century Discount House (CDH) and Zimbabwe Banking Corporation (Zimbank) regarding the ownership of certain Grain Marketing Board bills valued at $4 billion. The liquidator claims that Zimbank improperly liquidated these bills, which were delivered as security for an unsecured overdraft, thus violating the Insolvency Act. The court ultimately found that the disposition of the bills favored Zimbank over other creditors and was not made in the ordinary cour

Author

Arnold Musapuri

Language

EN