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Harare High Court
Barclays Bank of Zimbabwe Limited v Reserve Bank of Zimbabwe and University of Zimbabwe
HH 477-13
Case Details
Court
Harare High Court
Date
29 October 2013
Citation
HH 477-13
Neutral Citation
[2013] ZWHH 477
Outcome
unknown
Case Type
Application
Bench
Presiding
Zhou J
Full Bench
Zhou J
Areas of Law
Civil ProcedureBanking Law
Keywords
third party joinderforeign currency accountsbanking directivesindemnitycontribution
Tags
third party joinderforeign currency accountsbanking directives
legislation
Statutes Cited
- High Court Rules, 1971
- State Liabilities Act
- State Liabilities Act
- Reserve Bank of Zimbabwe Act
ai analysis
Case Summary
Key Issues
- {"issue_text":"Whether an application for third party joinder under Order 14 Rule 93 constitutes a \"claim for money\" requiring 60 days notice under the State Liabilities Act","issue_type":"procedural","dispositive":"yes","related_facts":"Application filed without 60 days notice; Reserve Bank objects on this ground"}
- {"issue_text":"Whether the joinder application has prescribed","issue_type":"procedural","dispositive":"no","related_facts":"Application filed after main action commenced; prescription defence raised"}
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background
Facts of the Case
Background
Barclays Bank sought to join the Reserve Bank of Zimbabwe as a third party in proceedings where the University of Zimbabwe claimed US$6.4 million from foreign currency accounts that Barclays had transferred to the Reserve Bank pursuant to directives issued in 2007 and 2009. Barclays claimed entitlement to indemnity from the Reserve Bank.
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