Writ of executionShare certificateAttachmentLiquidatorSpecification
Tags
ExecutionShare certificatesLiquidationAttachment
legislation
Statutes Cited
Prevention of Corruption Act
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the respondent has lawful basis to retain the share certificate attached in execution","issue_type":"legal","dispositive":"yes","related_facts":"Deputy Sheriff handed certificate to respondent after specification"}
{"issue_text":"Whether specification under Prevention of Corruption Act suspends execution against property of specified person","issue_type":"legal","dispositive":"no","related_facts":"Muponda was specified after attachment"}
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background
Facts of the Case
Background
The applicant obtained a writ of execution against Gilbert Muponda and others, leading to attachment of a share certificate for 100 shares in Aronvi Investments (Pvt) Ltd. The Deputy Sheriff handed the certificate to the respondent, who was appointed liquidator and investigator of specified ENG companies, claiming the shares were purchased with stolen ENG funds. The applicant sought return of the certificate to proceed with execution.
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