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Harare High Court
Powerspeed Electrical Ltd v Enfield Zimbabwe
HH 107-13
Case Details
Court
Harare High Court
Date
1 January 2013
Citation
HH 107-13
Neutral Citation
[2013] ZWHH 107
Outcome
unknown
Case Type
Trial
Bench
Presiding
DUBE J
Full Bench
DUBE J
Areas of Law
Contract lawCompany lawCommercial litigation
Keywords
Interest on debtFinal demandManaging director authorityOstensible authority
Tags
Contractual debtInterest on overdue accountsAuthority of managing director
legislation
Statutes Cited
- Companies Act [Chapter 24:03]
ai analysis
Case Summary
Key Issues
- {"issue_text":"Whether the plaintiff is entitled to charge interest at 4% per month as claimed","issue_type":"mixed","dispositive":"yes","related_facts":"Mr Wallbridge signed final demand; plaintiff charged 4% monthly"}
- {"issue_text":"Whether the defendant is liable to pay the interest claimed","issue_type":"mixed","dispositive":"yes","related_facts":"Authority of managing director; calculation errors"}
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background
Facts of the Case
Background
The plaintiff supplied electrical goods to the defendant on credit. The defendant's former managing director signed a final demand agreeing to 4% monthly interest on the $22,968 overdue amount. The defendant disputed the managing director's authority and claimed the debt was settled. The plaintiff claimed $11,751 at trial after adjustments.
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