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Harare High Court

Innscor Africa Limited v Dolphin Trading (Pvt) Ltd and Ferris Rutsito and Robert Rutsito

HH 271-2010

Case Details

Court
Harare High Court
Date
12 January 2011
Citation
HH 271-2010
Neutral Citation
[2010] ZWHH 271
Outcome
unknown
Case Type
Trial

Bench

Presiding
GOWORA J
Full Bench
GOWORA J
Areas of Law
Contract lawExchange control law
Keywords
Illegal agreementForeign currencyExchange Control RegulationsPoint in limine
Tags
Foreign exchangeIllegal contractExchange control regulations
legislation
Statutes Cited
  • Exchange Control Regulations, 1996
  • Exchange Control Regulations, 1996
  • Exchange Control Regulations, 1996
ai analysis
Case Summary

Key Issues

  • {"issue_text":"Whether an agreement to purchase foreign currency from unauthorized dealers is illegal and unenforceable","issue_type":"law","dispositive":"yes","related_facts":"Defendants admitted they were not authorized dealers; transaction conducted without Reserve Bank authority"}
  • {"issue_text":"Whether illegality can be raised as a point in limine without leading evidence","issue_type":"procedural","dispositive":"no","related_facts":"Defendants raised objection without calling evidence"}
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background
Facts of the Case

Background

The plaintiff sued defendants for US$30,306.13 being balance due under an agreement where defendants would source foreign currency for plaintiff. Defendants raised a point in limine that the agreement was illegal under exchange control regulations as they were not authorized dealers.
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