arbitral award registrationpublic policycurrency regulationslease dispute
Tags
arbitrationcurrencylease agreementarbitral award
legislation
Statutes Cited
E
u
r
o
p
e
a
n
C
o
n
v
e
n
t
i
o
n
o
n
H
u
m
a
n
R
i
g
h
t
s
1
9
5
0
H
u
m
a
n
R
i
g
h
t
s
A
c
t
1
9
9
8
C
r
i
m
i
n
a
l
J
u
s
t
i
c
e
A
c
t
1
9
6
7
C
r
i
m
i
n
a
l
J
u
s
t
i
c
e
A
c
t
1
9
8
2
C
r
i
m
i
n
a
l
J
u
s
t
i
c
e
A
c
t
1
9
9
1
C
r
i
m
i
n
a
l
J
u
s
t
i
c
e
A
c
t
2
0
0
3
C
r
i
m
e
(
S
e
n
t
e
n
c
e
s
)
A
c
t
1
9
9
7
P
o
w
e
r
s
o
f
C
r
i
m
i
n
a
l
C
o
u
r
t
s
(
S
e
n
t
e
n
c
i
n
g
)
A
c
t
2
0
0
0
O
f
f
e
n
d
e
r
R
e
h
a
b
i
l
i
t
a
t
i
o
n
A
c
t
2
0
1
4
L
e
g
a
l
A
i
d
,
S
e
n
t
e
n
c
i
n
g
a
n
d
P
u
n
i
s
h
m
e
n
t
o
f
O
f
f
e
n
d
e
r
s
A
c
t
2
0
1
2
P
r
i
s
o
n
A
c
t
1
9
5
2
P
r
i
s
o
n
R
u
l
e
s
1
9
9
9
(
S
I
1
9
9
9
/
7
2
8
)
P
a
r
o
l
e
B
o
a
r
d
R
u
l
e
s
2
0
0
4
(
S
I
2
0
0
4
/
5
7
4
)
P
a
r
o
l
e
B
o
a
r
d
R
u
l
e
s
2
0
1
1
(
S
I
2
0
1
1
/
2
2
9
6
)
P
a
r
o
l
e
B
o
a
r
d
R
u
l
e
s
2
0
1
5
(
S
I
2
0
1
5
/
9
0
8
)
P
a
r
o
l
e
B
o
a
r
d
R
u
l
e
s
2
0
1
9
(
S
I
2
0
1
9
/
1
2
4
1
)
C
r
i
m
i
n
a
l
P
r
o
c
e
d
u
r
e
R
u
l
e
s
2
0
1
5
(
S
I
2
0
1
5
/
1
4
9
0
)
C
r
i
m
i
n
a
l
P
r
o
c
e
d
u
r
e
R
u
l
e
s
2
0
2
0
(
S
I
2
0
2
0
/
9
5
6
)
C
r
i
m
i
n
a
l
J
u
s
t
i
c
e
a
n
d
C
o
u
r
t
s
A
c
t
2
0
1
5
C
o
u
n
t
e
r
-
T
e
r
r
o
r
i
s
m
a
n
d
S
e
c
u
r
i
t
y
A
c
t
2
0
1
5
T
e
r
r
o
r
i
s
t
O
f
f
e
n
d
e
r
s
(
R
e
s
t
r
i
c
t
i
o
n
o
f
E
a
r
l
y
R
e
l
e
a
s
e
)
A
c
t
2
0
2
0
P
o
l
i
c
e
,
C
r
i
m
e
,
S
e
n
t
e
n
c
i
n
g
a
n
d
C
o
u
r
t
s
A
c
t
2
0
2
2
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether an arbitral award made solely in United States dollars for a domestic lease transaction violates public policy given Zimbabwe's currency laws","issue_type":"law","dispositive":"yes","related_facts":"Award made in US dollars; domestic transaction; currency laws changed"}
This summary was generated by AI. Use Zalari to read the full judgment.
background
Facts of the Case
Background
The parties were involved in a lease dispute over premises at 35 Simon Mazorodze Road, Ardbennie, Harare. An arbitrator issued an award in favour of Harrison Holdings (Pvt) Ltd for arrear rentals and holding over damages in US dollars. Harrison Holdings applied to register the award, while Munakiri Leaf Tobacco and Simbarashe Munakiri applied to set it aside, arguing it violated public policy by awarding US dollars when Zimbabwe law required local currency.
Read the full judgment, get AI analysis, and find related cases