Old President Rupiah Banda and two others have sued the Patents and Firms Registration Company -PACRA- and 29 others for allegedly altering and adding shareholders and administrators to their firm.
Mr. Banda, James Banda and George Chabwera verbalize that PACRA and 29 others changed and added shareholders and administrators to Nyize Enterprises Restricted with out their recordsdata.
The three have sued of their capacity as shareholders and administrators of Nyize Enterprises Restricted.
In an announcement of claim filed within the Lusaka Excessive Court docket, the candidates are also searching for damages for conspiracy to defraud and damage that they have suffered.
The three are also stressful prices, curiosity and any diversified reduction that the court might perhaps well presumably moreover mediate fit.
They have claimed that a search on the situation of Nyize Enterprises Restricted at PACRA printed that there have been 29 original administrators and shareholders that had been added with out justifiable reasons.
The earlier head of dispute has extra asked for an injunction to restrain the 29 from persevering with with their alleged unlawful activities at a mine owned by Nyize Enterprises Restricted.