rescission of judgmentcompany lawindigenizationdefault judgment
legislation
Statutes Cited
High Court Rules, 1971
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether applicant acquiesced to the default judgment by voluntarily handing over company control","issue_type":"procedural","dispositive":"yes","related_facts":"Applicant attended meeting and handed over assets after judgment"}
{"issue_text":"Whether 2nd and 3rd respondents properly opposed the application","issue_type":"procedural","dispositive":"no","related_facts":"Deponent's authority challenged"}
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background
Facts of the Case
Background
The applicant, former employee and secretary of 1st respondent, sought rescission of a default judgment granted against him in HC 2693/15. The judgment had set aside his unauthorized indigenization of the company. After the default judgment, applicant voluntarily handed over company assets and control to respondents, which the court found constituted acquiescence.
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