Bhambatha Investments Pty Ltd v Vilakazi and Another (3338/2011) [2011] ZAGPJHC 168 (4 August 2011)

Bhambatha Investments Pty Ltd v Vilakazi and Another (3338/2011) [2011] ZAGPJHC 168 (4 August 2011)

The respondents were removed as directors and expressly notified that they no longer had authority to act on behalf of the applicant or deal with its property. Despite this, they instructed Nedbank to pay R176,400 from the applicant's account to the Zenzele Family Trust. This instruction was unauthorised and...

Source-derived case information.

Citation
[2011] ZAGPJHC 168
Parties
Applicant: Bhambatha Investments Pty Ltd; Respondent: Albert Ndeleni du Preez Vilakazi; Respondent: Daphne Sibongile Nene
Court
South Gauteng High Court, Johannesburg
Jurisdiction
South Africa
Case Number
3338/2011
Procedural Posture
Urgent Application / Judgment
Outcome
Application granted. Respondents held jointly and severally liable for the unauthorised payment, interest, and costs on an attorney and client scale.
Judges
Willis
Legal Topics
Director Removal, Unauthorised Payment, Joint and Several Liability
Commercial and Corporate Director Removal Unauthorised Payment Joint and Several Liability

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Parties

Bhambatha Investments Pty Ltd

Applicant

Albert Ndeleni du Preez Vilakazi

Respondent

Daphne Sibongile Nene

Respondent

Procedural Posture

Urgent Application / Judgment

  1. 1 Whether the respondents, having been removed as directors, were authorised to instruct the bank to make payment from the applicant's account.
  2. 2 Whether the respondents are jointly and severally liable for the unauthorised payment made to the Zenzele Family Trust.
  3. 3 Whether the conduct of the respondents justifies a punitive cost order on an attorney and client scale.

Ratio Decidendi

The respondents were removed as directors and expressly notified that they no longer had authority to act on behalf of the applicant or deal with its property. Despite this, they instructed Nedbank to pay R176,400 from the applicant's account to the Zenzele Family Trust. This instruction was unauthorised and unlawful. The court found that the respondents are jointly and severally liable to repay the applicant the amount paid, with interest, and that their conduct justified a punitive cost order on an attorney and client scale.

Court Disposition

Application granted. Respondents held jointly and severally liable for the unauthorised payment, interest, and costs on an attorney and client scale.

Orders

  • The first and second respondents are jointly and severally liable to pay the applicant the sum of R176,400, the one paying the other to be absolved.
  • Interest on the aforesaid sum from 27 May 2010 to date of payment at the rate of 15.5% per annum.