BALASORE ALLOYS LTD
(Incorporated in the Republic of India with
Registration No. CIN: L127101OR1984PLCOO1354)
versus
ZIMBABWE ALLOYS LTD
(Incorporated in the Republic of Zimbabwe
Registration Number 43/50
and
ZIMBABWE ALLOYS CHROME (PVT) LTD
(Incorporated in the Republic of Zimbabwe
Registration Number 3386/09)
and
REGGIE FRANCIS SARUCHERA (Nominee Officio)
and
BULISA MBANO (Nominee Officio)
HIGH COURT OF ZIMBABWE
CHITAPI J
HARARE, 19 April 2018 & 25 April 2018
Urgent Chamber Application
Adv T Mpofu, for the applicant
Adv T Magwaliba, for the respondents
CHITAPI J: In this application, the applicant prays for the relief as set out in the provisional order which is couched as follows:
TERMS OF FINAL ORDER SOUGHT
1. That it be and is hereby declared that the Conditions Precedent set forth in Part 9 of the Scheme of Arrangement have not been complied with.
That it be and is hereby declared that Applicant’s bid cannot be terminated on the basis that was accepted by the members and creditors of the Target Companies upon completion of