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Zomba District Registry - 2015 November

1 judgment
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1 judgment
November 2015
Dalamere Properties Malawi Limited v Otis Elevator Company Limited and Another (Civil Case 244 of 2014) [2015] MWHC 517 (2 November 2015)
Court corrected its omission and held the respondent entitled to compound interest at the contractual rate, dismissing the applicant's simple-interest request.
  • Civil procedure — correction of clerical mistake (Order 20 rule 11) — Interest — contractual rate (2% above prime or maximum permitted) — simple versus compound interest — commercial transactions; compound interest recoverable where contract silent.
2 November 2015