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Harare High Court

Webster Tongoona Rushesha (in his capacity as legal guardian of Panashe Ralph Rushesha and Tivonge Sacha Rushesha) and Rasar Investments (Private) Limited v Alexious Mashingaidze Dera and Zimcor Trustees Limited and Frank Buyanga and Boka Investments (Private) Limited and Matthew Boka and The Registrar of Deeds

HH 385-13

Case Details

Court
Harare High Court
Date
25 September 2013
Citation
HH 385-13
Neutral Citation
[2013] ZWHH 385
Outcome
unknown
Case Type
Trial

Bench

Presiding
ZHOU J
Full Bench
ZHOU J
Areas of Law
Company LawProperty LawLaw of Contract
Keywords
SharesSecurityIllegal saleNullityLien
Tags
Shareholder disputeDisguised loanPactum commissoriumProperty transferFraud
legislation
Statutes Cited
  • Not specified in the text
ai analysis
Case Summary

Key Issues

  • {"issue_text":"Whether the recusal of the presiding judge should be granted","issue_type":"procedural","dispositive":"no","related_facts":"Application by fourth and fifth defendants based on judge's prior representation of a party in a different matter"}
  • {"issue_text":"Whether the sale of shares was valid or a disguised loan (pactum commissorium)","issue_type":"mixed","dispositive":"yes","related_facts":"First defendant's testimony regarding loan security vs. written agreement of sale"}
  • {"issue_text":"Whether the sale and transfer of the immovable property to the fourth defendant is valid","issue_type":"law","dispositive":"yes","related_facts":"Validity of the underlying share transfer"}
  • {"issue_text":"Whether the plaintiffs have a claim for damages regarding structural alterations","issue_type":"fact","dispositive":"yes","related_facts":"Evidence of alterations (tennis court removal)"}
  • {"issue_text":"Whether the fourth defendant has a lien over the property","issue_type":"law","dispositive":"yes","related_facts":"Expenditure on improvements by fourth defendant"}
This summary was generated by AI. Use Zalari to read the full judgment.
background
Facts of the Case

Background

The plaintiff, a medical practitioner resident in the United Kingdom, acquired an immovable property in Harare and incorporated a company, Rasar Investments (Private) Limited, with his minor children as shareholders to hold the property. He appointed his brother-in-law, the first defendant, as a director. The first defendant, having obtained a loan from the second and third defendants, purported to sell the company's shares to the second defendant and subsequently the property to the fourth defendant. The plaintiff discovered the transactions in 2010 and sued to have them declared void.
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