HomeNewsMetallon Gold Zim taken to court over $13k debt

Metallon Gold Zim taken to court over $13k debt


MINING firm, How Mine Metallon Gold Zimbabwe, situated on the outskirts of Bulawayo has been dragged to court by Neeraf Investments (Pvt) over a $13 800 debt.


Neeraf Investments filed summons at the Bulawayo High Court last Wednesday citing How Mine as the defendant.

“Plaintiff’s claims against defendant are for payment of the sum of $13 817,95 being the outstanding debt. Interest from the date of issue of summons to date of full and final payment at the prescribed rate, 10% collection commission and costs of suit, on an attorney-client scale,” the summons reads.

In its declaration of the suit Neeraf submitted that sometime in October 2017, the plaintiff and defendant entered into an agreement of sale wherein How Mine was purchasing goods namely, K-face Grinding stones, No 2 Belt fasteners and K-Face stones.

“It was a term of the agreement that the defendant would pay an initial deposit of $1 900 as at the date of signing of the agreement. Despite numerous demands, the defendant has failed, neglected or refused to pay the amount due. The plaintiff’s operations in terms of service delivery has been seriously disrupted as a result of failure to pay by defaulting customers such as the defendant,” reads the declaration.

“On June 25, 2018, the plaintiff through its legal practitioners of record reminded the defendant of the amount due and . . . the defendant simply ignored the plaintiff’s gestures. It is clear that the defendant has no intention or willingness to pay.”

Neeraf prayed for an order compelling How Mine to pay the debt.

How Mine is yet to respond to the summons.

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