Zalari has raised $2 million USD in a founding round led by Nyamaropa Technologies
Harare High Court
Fernhaven Investments (Pvt) Ltd v Africom Holdings (Pvt) Ltd & 9 Ors
HH 159-17
Case Details
Court
Harare High Court
Date
28 February 2017
Citation
HH 159-17
Neutral Citation
[2017] ZWHH 159
Outcome
unknown
Case Type
Urgent Application
Bench
Presiding
Munangati-Manongwa J
Full Bench
Munangati-Manongwa J
Areas of Law
Company lawInterdicts
Keywords
Share dilutionDirector removalExtraordinary general meetingInterim interdict
Tags
Shareholder disputesCorporate governanceInterdictory relief
legislation
Statutes Cited
- None expressly cited
ai analysis
Case Summary
Key Issues
- {"issue_text":"Whether the applicant has established a prima facie right warranting interim interdictory relief","issue_type":"mixed","dispositive":"yes","related_facts":"Applicant's 41% shareholding, right to appoint/remove directors under Articles, purported removal in April 2016"}
- {"issue_text":"Whether the requirements for interim interdict have been satisfied","issue_type":"law","dispositive":"yes","related_facts":"Clear right, irreparable harm, balance of convenience, no alternative remedy"}
- {"issue_text":"Whether the court can amend the draft order to suspend resolutions passed at the EGM","issue_type":"procedural","dispositive":"no","related_facts":"EGM held during proceedings, need to prevent share dilution"}
This summary was generated by AI. Use Zalari to read the full judgment.
background
Facts of the Case
Background
The applicant, a 41% shareholder in the first respondent, sought to remove its appointed directors (2nd and 3rd respondents) from the board in April 2016. The respondents refused to accept the removal and continued acting as directors. The 2nd respondent called an EGM for 25 January 2017 (later postponed to 15 February 2017) to approve a debt conversion agreement that would dilute the applicant's shareholding from 41% to 0.41%.
Read the full judgment, get AI analysis, and find related cases
Open in Zalari →
Legal Intelligence
for Africa.
for Africa.
Zalari is Zimbabwe and Southern Africa's leading AI-powered legal research platform, built by DeepCounsel and powered by Nyamaropa Technologies. Search Zimbabwe Supreme Court and High Court case law instantly, get AI-generated answers with full source citations, and access the most comprehensive corpus of Zimbabwean and Southern African jurisprudence available online. Zalari is the go-to legal AI platform for attorneys, advocates, law students, judges, and corporate counsel across Zimbabwe and South Africa — delivering faster research, smarter insights, and a competitive edge in legal practice. Zalari does not provide legal advice. Always consult a qualified legal practitioner for advice specific to your situation. © 2026 DeepCounsel — a legal technology company democratising access to legal knowledge in Africa.