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Harare High Court

SPAR HARARE (PVT) LTD v FAP MARKETING (PVT) LTD & 3 ORS

HH 581-18

Case Details

Court
Harare High Court
Date
25 September 2018
Citation
HH 581-18
Neutral Citation
[2018] ZWHH 581
Outcome
unknown
Case Type
Trial

Bench

Presiding
HUNGWE J
Full Bench
HUNGWE J
Areas of Law
Banking & FinanceProperty LawCommercial Law
Keywords
Trade Credit FacilityMortgage BondFraudulent RegistrationSuretyCo-principal Debtor
Tags
Banking & FinanceMortgage BondFraud
legislation
Statutes Cited
  • Law Society of Zimbabwe (Amendment) By-Laws, 2014 (No. 15)
ai analysis
Case Summary

Key Issues

  • {"issue_text":"Whether 4th defendant is liable to pay plaintiff USD81 881.42 under the Trade Credit Facility Agreement","issue_type":"mixed","dispositive":"yes","related_facts":"Credit facility agreement, mortgage bond registration, 4th defendant's denial"}
  • {"issue_text":"Whether mortgage bond No. 1309/11 was fraudulently registered","issue_type":"fact","dispositive":"yes","related_facts":"4th defendant's evidence of non-consent, plaintiff's failure to prove execution"}
  • {"issue_text":"Whether 4th defendant's property is specially executable","issue_type":"law","dispositive":"yes","related_facts":"Validity of mortgage bond, fraudulent registration"}
  • {"issue_text":"Whether mortgage bond should be cancelled","issue_type":"law","dispositive":"yes","related_facts":"Fraudulent registration, 4th defendant's counter-claim"}
This summary was generated by AI. Use Zalari to read the full judgment.
background
Facts of the Case

Background

Plaintiff extended credit facilities to 1st defendant under a Trade Credit Facility Agreement secured by a mortgage bond over 4th defendant's property. 4th defendant denied executing the mortgage bond, claiming it was fraudulently registered without his knowledge or consent.
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