Online Reporter
Yeukai Karengezeka-Chisepo
Court Correspondent
THE trial of the head at Westridge Primary School in Belvedere and his wife, who are accused of fraudulently increasing their shareholding in a family-owned company, has commenced at the Harare Magistrates Court.
Thakorbhai Kanjee (73) and Jaya Kanjee (71) are appearing before Harare magistrate Mr Artwell Sanyatwe, facing fraud charges.
The two are alleged to have unlawfully allotted themselves additional shares in T and J Investments (Pvt) Ltd without the consent of a fellow director. The complainant, Ms Neeshta Urmila Patel, testified that she was a director in the company, which owned and leased commercial properties.
She told the court that the accused were her uncle and aunt, respectively, and were co-directors with her late father, Arvindbhai Bhikubhai Patel. According to Patel, the company was established on March 27, 1990, with her father holding 20 shares, while Kajee and Kanjee each held 10 shares.
Following her father’s death on March 7, 2015, Patel said she was appointed executor of his estate on July 24, 2015, inheriting his shareholding in the company.
She further testified that on August 16, 2024, the accused presented her with a special resolution proposing that shares be equally distributed among all shareholders.
“I did not sign the document,” Patel told the court. However, on September 10, 2024, she said she received a Return of Allotments (CR 11) indicating that the accused had each allocated themselves an additional 10 shares.
Patel said she subsequently tried, without success, to access the company file from the Registrar of Companies.
She later filed a police report on March 11, 2025, leading to the arrest of the accused on July 14, 2025.
