TAMIRA OVERSEAS S.A.
OLIVER MASOMERA N.O.
AQUARIUM TRADING (PVT) LTD
(under final judicial management)
SANDRA MAGDALENE VAN ROOYEN
MASTER OF THE HIGH COURT
HIGH COURT OF ZIMBABWE
HARARE, 6, 7 & 27 June 2018
Urgent Chamber Application
Advocate C Damiso, for the applicant
S. Makonyere, for the 1st and 2nd respondents
A. Muchadehama, for the 3rd and 4th respondents
CHAREWA J: This is an “urgent chamber application for leave to execute pending appeal” in which the applicant seeks to enforce an anti-dissipation order granted in HC 3631/18 pending the determination of the court in HC 595/17 and HC 1868/17 both of which judgments were reserved on 1 February 2018. 1st - 4th respondents opposed the application.
In January 2017, the applicant filed an application in HC 595/17 for the removal of 2nd respondent from judicial management and that it be placed under provisional liquidation on the grounds that it cannot trade as a going concern anymore as it had failed to resuscitate its operations under such judicial management. Further, the 2nd respondent was so heavily