The case went to court in 2004 for legal minds to interpret on who is the owner of the company after being affected with ownership wrangles since the parties involved had previously been in a joint venture.
According to submissions in court then, Patel and others entered into working Joint Venture Agreement in 2001 with
Following conversion of PCL's investment into loans in
This appeal is on Justice Mtambo's judgment being Commercial Case No. 120 of 2012 Court.
The petitioners lawyer, Justin Dzonzi said they are just waiting for the courts to see the wheels of justice running.
Patel, former Member of
He said he has been waiting for justice to take its course to his hard-earned property, which was his main source of bread after dissolving his Katundu Haulage company.
Patel sold all his property in order to invest and finance PressCane, formerly known as
The plant is located in Chikwawa on the west bank of the
The main products of the distillery are fuel ethanol also known as anhydrous alcohol (AA 99.8% v/v) and industrial alcohol (rectified spirit 96.5% v/v).
Sugar cane molasses are procured from Illovo in Nchalo and fermented into ethanol. The molasses is a byproduct (effluent) for the
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