Fri, 03 Feb 2017 10:22:34 +0000 By Chikumbi Katebe INVESTRUST Bank has finally joined the winding up proceedings of the Post Newspaper in Liquidation after parties agreed to uphold a consent order to withdraw all applications in opposition to the action. High Court Justice Sunday Nkonde signed a consent order that put an end to all applications filed before his court including one to stay the execution of his ruling against the bank’s intention to be joined to the proceedings as second respondent. He said all the conditions of the consent order must be observed or the court would proceed to issue dates for fresh hearing. “By consent of all parties herein through their respective advocates, it is hereby agreed and ordered as follows: that hearing of the following applications be adjourned sine die pending an amicable settlement between the respondents. “That the orders herein shall lapse on the 14th day of February 2017 if […]
