17 Mar 2008
S.H.O. REANEY & S.P. LUNN AND ANOR V RACHMANINOV LIMITED AND ORS HC NAP CIV-2007-441-466
- Citation
- openlaw-3b410590_d5cb_4bef_bec6_5e8952bd62e7.pdf
- Court
- High Court
Given the impasse between shareholder interests and the importance of actual and perceived independence under r 324, the Court was entitled to appoint an independent auditor; Ernst & Young was selected as the appropriate auditor because its national status and lack of conflicts best secured independence and confidence in the audit.