' THE PRINCIPAL REGISTRY
ILDEN AT LUSAKA
(Civil Jurisdiction)
an HIGH COURT FOR ZAMBIA 2019/HP/0761
A
Hi
IN THE MATTER OF THE CORPORATE INSOLVENCY ACT NO.
9 OF 2017 "
BETWEEN:
ZCCM INVESTMENTS HOLDINGS PLC PETITIONER
AND
KONKOLA COPPER MINES PLC 1** RESPONDENT
VEDANTA RESOURCES HOLDINGS .
LIMITED INTENDED 2"> RESPONDENT
Before Hon. Mrs. Justice A. M. Banda-Bobo on 20th June, 2019
For the Petitioner . Mr. A.J. Shonga Jr, $.C, Mr. S.M.
Lungu-S.C, with Mz N, Ng’andu all
of Shamwana & Co & Mr. Y.
-r-Mkandawire General Counsel &
Mbalashi, Deputy General
and Mr. M. Mwanashiku
For the Respondent
Co, Mr. C. Bwalya with Mr WN.
‘Mubonda of D.H. Kemp & Co, Mr.
J. Zimba, Ms. T Nkana & Ms. P.
Mwansa all of Makebi Zulu & Co
For the Intended 24 Mr. MLM. Mundashi, 8.C, Mr. D.M.
Respondent Chakoleka and Mr. C, Salati all of
RiMessrs Mulenga = Mundashi
Kasonde Legal Practitioners,
Co-Counsel ~ Mr. S. Chisenga &
Mr, J. Kawana of Corpus Legal
Practitioners
RULING
Cases referred to:
1. Dean Namulya Mung’omba Bwalya Kanyanta Ng’andu and Anti-
Corruption Commission v Peter Machungwa Golden Mandandi and
Attorney-General (2003) Z.R. 17.
2. Tembo v The People (1972) Z.R. 16,
3. Sinkamba v Doyle 4 (1974) Z.R.175,
4. The People v Chaponda (1973) Z.R. 175
5. Barry Jackson v The Attorney General (1979) Z.R. 167
6. Chikuta v Chipata Rural Council (1974) Z,R. 51
7. New Plast Industries Limited v Commissioner of Lands and Another
(2001) Z.R. 51
8. B.P. Zambia Plc v Zambia Competition Commission, Total Aviation
and Export Limited (S.C.Z No. 22 of 2011}
9. Kingate Management Limited (2012) SC (Bda) 52 Com
10. Re Mentor Insurance Limited (1987)
11, Re Bradford Navigation Company (1870) LR 5 Ch App 600 at 601
12. Christopher James Thorne y Christopher Mulenga, Edgar Hamuwele
and Zambia National Commercial Bank Ple (2011) Vol. Z.R. 221 at
236
13. Macaure v Northen Assurance Company Limited (1925) AC 619
14. Sacher Narendra Kumar v Joseph Brown Mutale (SCZ Judgment
No, 8 OF 2013) Appeal No. 35/2011
15. London Ngoma and Others v LCM Company Limited and United
Bus Company of Zambia (In Liquidation) (S.C.Z JUDGMENT NO. 22
OF 1999) $.C.Z. APPEAL NO. 91 OF 1997
16. Abel Mulenga and Others v Mabvuto Adan Avuta Chikumbi and
Others (2006) Z.R, 33
17, Ebrahimi v Westbourne Galleries Ltd [1973] AC 360
R218. Sun Microsystems Malaysia SDN BHD v KS Eminent Systems SDN
BHD (formerly known as CN Eminent Systems SDN BHD) High
Court, Kuala Lumpur 17 July 2000
19. Maril Rioneble v Perdana Merchant Banks BHD & Other Appeal
Court of Kuala Lumpur (2001) 3 CLJ 248
20. Gianpietro Milanese & Others v Paulo Marandola & Two others
Appeal No, 133 of 2011
21, Andrew Herbert Chiwenda and 5 Others v Post Newspapers Limited
and Another 2016/HPC/0518
Legislati other Works referred to:
1. Companies (Winding-Up Rules) Statutory Instrument No. 86 of 2004
2. The High Court Act, Chapter 27 of the Laws of Zambia
3. The Corporate Insolvency Act no. 10 of 2017
4, The Rules of the Supreme Court, 1965
This is a ruling on an application by the Intended 2%¢ Respondent
for non-joinder. It is made pursuant to the provisions of Order 14
Rule 5 (1) of the High Court Rules, Chapter 27 of the Laws of
Zambia (HCR) as read with Order 15 Rule 4 (1) of the Rules of the
preme Court (RSC), 1965, 1999 Edition, (the White Book).
D
Inan Affidavit in Support of the application, sworn by one Hermien
Uys, it was deposed that the Petitioner and the Intended 24
Respondent were shareholders in the Respondent Company. They
held 20.6% and 79.4% shares respectively. The deponent stated
that on 21* May, 2019, the Petitioner filed a Winding-Up Petition,
sdeking an Order to wind-up the Respondent Company and to
appoint Mr. Milingo Lungu as the Provisional Liquidator. That after
B
appointment, as Provisional Liquidator, Mr. Lungu instructed
personnel in senior management to prepare handover notes.
It) was the deponent’s further averment that the Intended 294
Respondent has invested millions of United States Dollars in the
RB