Minopex Zambia Limited withdraws notice to join KCM winding up petition

By Staff Reporter
MINOPEX Zambia Limited, a company that applied to join the winding up petition of Konkola Copper Mines in the Lusaka High  Court has withdrawn its intention for joinder.
This is according to an affidavit filed by Minolex Zambia Limited lawyer Nkhumbwizya Alikipo of Simeza Sangwa and Associates.
Alikipo stated that he had received instructions to withdraw from the matter.
“I Nkhumbwizya Alikipo,  I am an advocate in the employ of messers Simeza , Sangwa and Associates having been seized with conduct of this matter on behalf of Minopex Zambia limited.
 By reason where of I am duly authorized to swear to this my affidavit from facts and information which came to me by virtue of the said capacity. On 31 May 2019, a notice of intention to appear in petition was filed and now we have since received instructions to withdraw the said notice dated,” read his notice in part.
ZCCM-IH has commenced winding up proceedings against KCM because it was insolvent and has failed to pay outstanding invoices to suppliers and contractors as and when they fall due, among other allegations.
ZCCM-IH through an ex parte order granted by Lusaka High Court judge Anessie Banda Bobo appointed lawyer Milingo Lungu as provisional liquidator.
However, Vedanta applied to join the proceedings as 2nd respondents in their capacity as KCM’s majority shareholders but KCM lawyers led by State Counsel Bonaventure Mutale have opposed the application.