by Mirriam Chabala on 19 Jun 2019by Sipilisiwe Ncube on 19 Jun 2019by Sipilisiwe Ncube on 18 Jun 2019by Sipilisiwe Ncube on 18 Jun 2019
- Goal Diggers
by Abraham Kalito on 17 Jun 2019by Abraham Kalito on 17 Jun 2019by Abraham Kalito on 10 Jun 2019by Abraham Kalito on 5 Jun 2019
by Derrick Silimina on 18 Jun 2019by Stuart Lisulo on 17 Jun 2019by Stuart Lisulo on 17 Jun 2019by John Mubambe in Solwezi on 17 Jun 2019
by Zondiwe Mbewe on 18 Jun 2019by Zondiwe Mbewe on 18 Jun 2019by Zondiwe Mbewe on 18 Jun 2019by Zondiwe Mbewe on 17 Jun 2019
- Editor's Choice
by Diggers Correspondent on 24 May 2019by Diggers Reporter on 4 Mar 2019by Andyford Mayele Banda on 29 Jan 2019by Davies Mwila on 22 Jan 2019
by Diggers Editor on 19 Jun 2019by Diggers Editor on 15 Jun 2019by Diggers Editor on 13 Jun 2019by Diggers Editor on 12 Jun 2019
by Zondiwe Mbewe on 7 Jun 2019by Mukosha Funga on 30 May 2019by Sipilisiwe Ncube on 23 May 2019by Sampa Kabwela on 18 May 2019
- Guest Diggers
by Chibamba Kanyama on 11 Jun 2019by Chibamba Kanyama on 28 May 2019by Guest Digger on 22 May 2019by Chibamba Kanyama on 21 May 2019
Chinese national sues Fellow over business disputeBy Zondiwe Mbewe on 21 May 2019
A Chinese national has dragged his fellow to court for refusing to release part of the goods of their company to him after the duo agreed to share the merchandise following a misunderstanding.
Lyu Kun has sued Wang Gang and Newsma Investments Company Limited in the Lusaka High Court, seeking an order that shareholders of the said company share goods situated in the warehouse at Grace Furniture Building in Makeni, in the ratio of shareholding per centum and per shareholder.
Lyu further wants an order to restrain Wang from removing goods from the warehouse until determination of the matter by the court, an order for him to recover rent paid for another warehouse, damages, costs and any other reliefs the court may deem fit.
In a statement of claim filed in the Lusaka High Court principal registry, May 16, Lyu stated that he was at all material times, a shareholder and director in Newsma Investments Company Limited, holding 40 percent of the shares.
He added that Wang was also a shareholder and director in the company, with 60 percent shares.
Lyu explained that Newsma Investments Company Limited was a company registered under the Companies Act and domiciled in Lusaka and was at all material times in the business of selling machinery.
He claimed that sometime this month, he agreed with Wang to share the company’s goods in the ratio of their shareholding due to perpetual and unresolved misunderstandings.
Lyu further stated that on May 9, 2019, he proceeded to rent a new warehouse and paid K6,000 to the new landlord on the agreed terms with Wang.
He lamented that Wang had refused to release the goods to him as agreed.
“On May 13, 2019, the plaintiff (him) reported the first defendant (Wang) to Embassy Police for insults and threatening violence for differing on how to manage business. Wang has neglected or failed to honour the terms of our verbal agreement,” read the statement of claim.
Lyu lamented that he had as a result suffered loss and inconvenience.
About Zondiwe Mbewe
Zondiwe is a vibrant young Zambian journalist who has interest in writing political and current affairs on issues which affect every Zambians. She draws inspiration from journalists who stand for what is right and are not afraid to tell and show the truth to the people.
Email: zondiwe [at] diggers [dot] news
- ConCourt adds AG to Lundazi petition as friend of court - 18 Jun 2019
- Islamic council president in court for aiding illegal immigrants - 18 Jun 2019
- Court acquits GBM in ‘throat’ case - 18 Jun 2019
- Indian national appears in court for working at Fairview Hospital without permit - 18 Jun 2019
- Chibolya girl narrates rape ordeal to court - 17 Jun 2019
Subscribe for email alerts
ArchivesJul0 PostsAug0 PostsSep0 PostsOct0 PostsNov0 PostsDec0 Posts
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
The News Diggers
Deputy News Editor
Plot No. Lus/9812/649-MC8
off Alex Chola Road
P.O. Box 32147
Telephone or WhatsApp:
diggers [at] diggers [dot] news
editor [at] diggers [dot] news
Send this to a friend