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Commercial Registry - 2022 June

2 judgments
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2 judgments
June 2022
Richard Ilunga v Geodrill Zambia Limited (2020/HKC/047) [2022] ZMHC 18 (21 June 2022)
Plaintiff's claims for director retainer fees and statutory-duty damages dismissed for failure to prove contractual entitlement or causation.
  • Contract law — written employment contract and privity; extrinsic evidence inadmissible to vary clear terms; burden of proof on claimant; director remuneration requires appropriate resolution/authority; breach of statutory duty actionable only with proven causal damage.
21 June 2022
Zambia Industrial Commercial Bank v Mpelembe Properties Chingola Limited and Anor (2022/HKC/07) [2022] ZMHC 25 (20 June 2022)
Applicant awarded judgment for debt with contractual interest and a 60-day redemption period before foreclosure.
  • Mortgage enforcement — Third-party legal mortgage — Enforcement of contractual interest and compounding — Default and admission by conduct/non-appearance — Equity of redemption and prescribed redemption period before foreclosure.
20 June 2022