Nett Investments T/A Triple Tee Footwear has dragged Zambia Railways Limited to the Lusaka High Court, demanding payment of over K270,000 outstanding balance after purchasing safety shoes and boots on credit.
Nett Investments is claiming payment of K271,360, being the outstanding balance owed to it by Zambia Railways, interests, costs and any other relief the court may deem fit.
In a statement of claim filed in the Lusaka High Court principal registry, it stated that it was involved in the sale and supply of various types of footwear, whereas Zambia Railways Limited was the purchaser of safety boots and safety shoes from it.
It added that Zambia Railways Limited was at all material times its customer.
Nett Investments stated that in January last year, it supplied Zambia Railways Limited, on credit terms, various safety shoes and safety boots amounting to K401,360 at Zambia Railways’ instance.
It explained that out of the total amount owing, Zambia Railways Limited made a partial payment to it on June 27, 2019 in the sum of K30,000 and K100,000 on September 18, 2019 in respect of the said safety shoes and boots that were purchased by it.
Nett Investments claimed that its records show that Zambia Railways Limited still had an outstanding balance of K271,360 which it had to date failed, refused or neglected to liquidate despite repeated reminders and demands.
“Despite repeated reminders and demands from Nett Investments to Zambia Railways Limited for it to make good of the outstanding balance, Zambia Railways Limited has to date, failed, refused or neglected to liquidate the balance. By reason of Zambia Railways Limited’s said conduct, Nett Investments has and continues to suffer loss and damage,” read the statement of claim.