Curated case-law topic
Company formation, governance, directors, ownership, filings, and corporate obligations. This curated Lesotho collection links existing source-backed legal records for that research intent.
Showing 12 useful cases from 46 matching records.
28 Aug 2025
High Court held the agenda included removal of Sekhametsi’s directors, rejected contract challenges without derivative action, and awarded punitive costs.
2 May 2025
Court of Appeal of Lesotho upheld Tšepong’s appeal, set aside the High Court’s order, and sent the rescission application back for determination on the merits.
5 Dec 2024
Commercial Division ruling on rescission, condonation, and board authority: failure to notify all directors made the litigation resolution invalid.
1 Nov 2024
Appeal dismissed; company ordered to provide shareholders with financial statements and available minutes under section 34 of the Companies Act 2011.
30 Nov 2023
Leave granted to institute derivative proceedings under section 77; court found board deadlock, risk of prescription, and insufficient authority to oppose.
14 Sept 2023
Application for leave to bring a derivative action dismissed because the companies were wrongly cited as applicants rather than respondents.
3 Aug 2023
A shareholder cannot be paid the value of shares while the company remains undissolved, unless the shares are bought out under section 41.
11 Nov 2022
Appeal dismissed: the court found no sufficient evidence that the company’s administration manager was authorised to institute proceedings in its name.
27 Oct 2022
Application dismissed: requisition for a special shareholders’ meeting was defective and no exceptional circumstances justified a court-ordered meeting.
25 Aug 2022
Urgent commercial dispute over share transfer and joint control of a micro-lender. Main application dismissed; counter-application for spoliation granted.
14 Jun 2022
Rescission refused for lack of standing; deed hypothecating immovable property declared unlawful; lease surrender ordered.
14 May 2021
Condonation refused for a late appeal after an unexplained eight-month delay; appeal struck off the roll with costs.