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Principal Registry Lusaka - 2021 March

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1 judgment
March 2021
Chrismar Hotels Limted v Jizan Construction Company Limited (2014/HPC/0153) [2021] ZMHC 88 (10 March 2021)
Applicants failed to prove fraudulent share transfers; respondents declared bona fide shareholders and accounting ordered.
  • Company law — alteration of nominal capital; share allotment and transfer; PACRA filing requirements; burden of proof in fraud allegations; distinction between shareholder transfer and removal; account and remediation for excluded directors.
10 March 2021