No. 7/2018
Cap. 6:07
iNSOLVENCY
Section
156. Public policy exception.
I 57. Additional assistance under other laws.
I 58. Interpretation.
Sus-PART 2-ACCESS OF FOREIGN REPRESENTATIVES AND CREDITORS TO COURTS IN
REPUBLIC OF ZIMBABWE
I 59. Right of direct access.
I 60. Limited jurisdiction.
I 6 I. Application by foreign representative to commence proceedings under laws of
Republic of Zimbabwe relating to insoh·ency.
I 62. Participation of foreign representative in proceedings under laws of Republic of
Zimbabwe relating to insolvency.
163. Access of foreign creditors to proceedings under laws of Republic of Zimbabwe
relating to insolvency.
164. Notification to foreign creditors of proceedings under laws of Republic of
Zimbabwe relating to insolvency.
SuB-PART 3-RECOGNITION OF fOREIGN PROCEEDINGS AND RELIEF
165. Application for recognition of foreign proceedings.
166. Presumptions concerning recognition.
167. Decision to recognise foreign proceedings.
168. Subsequent information.
169. Relief that may be granted upon application for recognition of foreign proceedings.
170. Effects of recognition of foreign main proceedings.
171. Relief that may be granted upon recognition of foreign proceedings.
172. Protection of creditors and other interested persons.
173. Actions to avoid acts detrimental to creditors.
I 74. Intervention by foreign representative in proceedings in Zimbabwe.
SuB-PART 4-COOPERATION WITH FOREIGN COURTS AND FOREIGN REPRESENTATIVES
175. Cooperation and direct communication between Court of Republic of Zimbabwe
and foreign Courts or foreign representatives.
176. Cooperation and direct communication between the trustee, liquidator, corporate
rescue practitioner, curator, or receiver and foreign Courts or foreign
representatives.
177. Forms of cooperation.
SuB-PART
5 -CoNCURRENT
PRoCEEDINGs
I78. Commencement of proceedings under laws of Republic of Zimbabwe relating to
insolvency after recognition of foreign main proceedings.
179. Coordination of proceedings under laws of Republic of Zimbabwe relating to
insolvency and foreign proceedings.
180. Coordination of foreign proceedings.
181. Presumption of insolvency based on recognition of foreign main proceedings.
182. Rule of payment in concurrent proceedings.
PART
XXVI
GENERAL PROVISIONS
183. Court may stay or set aside liquidation.
184. Meetings to ascertain wishes of creditors and others.
185. Dispositions and share transfers, or transfer of shareholders· after liquidation void.
186. Inspection of records of debtor being liquidated.
196