TREASURE CONSULTANCY (PRIVATE) LIMITED v MASVINGO CITY COUNCIL and INFRASTRUCTURE DEVELOPMENT BANK OF ZIMBABWE

Key Issues

• {"issue_text":"Whether the property in question belonged to the Applicant at the time the Administrator came into the picture, such that the cancellation required the Administrator's approval under section 6 of the Reconstruction Act","issue_type":"law","dispositive":"yes","related_facts":"The Applicant was under reconstruction; the agreement was conditional; the Administrator requested extension of time"}
• {"issue_text":"Whether the Applicant's action was extinguished by prescription","issue_type":"law","dispositive":"yes","related_facts":"The cause of action arose on 12 March 2008; the Applicant filed the application on 26 March 2011"}
• {"issue_text":"Whether the subsequent sale of the stands to the Second Respondent should be set aside","issue_type":"law","dispositive":"yes","related_facts":"The First Respondent sold the stands to the Second Respondent on 15 January 2009"}

Background