News / Local
Madlala Tours sued by NMB bank over $88 670, 10 outstanding banking facility
31 Mar 2017 at 06:41hrs | Views
Madlala Tours a transport company in Bulawayo has been sued by the NMB bank for a debt of $88 670, 10 owed in the banking facility extended to it on June 1 2010.
NMB filed summons at the Bulawayo High Court citing Madlala Motors, Lous Mguni and the Estate of late Agrippa Mguni and the Master of the High Court as respondents.
"The plaintiff's claim against the one paying the other to be absolved is for payment of $88 670, 10 by 1st to 3rd respondents being a balance outstanding from a banking facility extended to you on June 1 2010.
A declaration that a certain piece of land situate in the district of Bulawayo measuring 4 065 square metres called Lot 5 Windsor Park Subdivision 4 of Trenance held under Deed of Transfer no 2053/2000 be declared special executable. Cost of suit at an attorney client scale," reads the summons.
In its declaration the bank submitted that despite demand Madlala Tours has failed to pay.
Madlala tours is yet to respond to the summons.
NMB filed summons at the Bulawayo High Court citing Madlala Motors, Lous Mguni and the Estate of late Agrippa Mguni and the Master of the High Court as respondents.
"The plaintiff's claim against the one paying the other to be absolved is for payment of $88 670, 10 by 1st to 3rd respondents being a balance outstanding from a banking facility extended to you on June 1 2010.
A declaration that a certain piece of land situate in the district of Bulawayo measuring 4 065 square metres called Lot 5 Windsor Park Subdivision 4 of Trenance held under Deed of Transfer no 2053/2000 be declared special executable. Cost of suit at an attorney client scale," reads the summons.
In its declaration the bank submitted that despite demand Madlala Tours has failed to pay.
Madlala tours is yet to respond to the summons.
Source - Byo24News
