Janse van Rensburg and Others v WAD Holdings (Pty) Ltd and Others (29458/2022) [2022] ZAGPPHC 974 (5 December 2022)

Janse van Rensburg and Others v WAD Holdings (Pty) Ltd and Others (29458/2022) [2022] ZAGPPHC 974 (5 December 2022)

The court found that the urgency relied upon by the applicants was entirely self-created, arising from their own dilatory conduct in prosecuting multiple actions, arbitrations, and applications over several years. The applicants failed to advance their litigation with diligence, and the imminent sale of shares was a foreseeable event that could have been addressed earlier. The court held that there were no compelling interests of justice, such as fraud or collusion, to justify indulgence of the urgent application. The applicants' repeated changes of position and procedural manoeuvres amounted to vexatious conduct, warranting censure. Accordingly, the application was struck off the roll,...

Citation
[2022] ZAGPPHC 974
Parties
Applicant: Daniel Theodorus Janse van Rensburg; Applicant: Afri Goal (Pty) Ltd; Applicant: Inexma 114 CC; Respondent: WAD Holdings (Pty) Ltd; Respondent: RQ Investments (Pty) Ltd; Respondent: WHB Holdings (Pty) Ltd; Respondent: XTR Investments Capital (Pty) Ltd; Respondent: Willem Hermanus Britz; Respondent: Antoine Vorster van Buuren; Respondent: Afrocentric Investment Corporation Ltd; Respondent: Johannesburg Stock Exchange Ltd; Respondent: ARC Health (Pty) Ltd; Respondent: Royal Queens Holdings (Pty) Ltd; Respondent: Sanlam Limited
Court
North Gauteng High Court, Pretoria
Jurisdiction
South Africa
Judgment Date
5 December 2022
Case Number
29458/2022
Procedural Posture
Urgent Application / Application to Strike Urgent Matter From the Roll
Outcome
Application struck off the roll; punitive costs awarded against applicants.
Judges
N Davis
Legal Topics
Self Created Urgency, Interdict Pendente Lite, Costs Award, Share Sale Dispute, Actio Pauliana, Delay in Litigation

Case Brief

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Parties

Daniel Theodorus Janse van Rensburg

Applicant

Afri Goal (Pty) Ltd

Applicant

Inexma 114 CC

Applicant

WAD Holdings (Pty) Ltd

Respondent

RQ Investments (Pty) Ltd

Respondent

WHB Holdings (Pty) Ltd

Respondent

XTR Investments Capital (Pty) Ltd

Respondent

Willem Hermanus Britz

Respondent

Antoine Vorster van Buuren

Respondent

Afrocentric Investment Corporation Ltd

Respondent

Johannesburg Stock Exchange Ltd

Respondent

ARC Health (Pty) Ltd

Respondent

Royal Queens Holdings (Pty) Ltd

Respondent

Sanlam Limited

Respondent

Procedural Posture

Urgent Application / Application to Strike Urgent Matter From the Roll

  1. 1 Whether the urgency claimed by the applicants is self-created and fatal to the urgent application.
  2. 2 Whether the applicants are entitled to interdict the sale of shares pending finalisation of other litigation.
  3. 3 Whether the conduct of the applicants warrants a punitive costs order.

Ratio Decidendi

The court found that the urgency relied upon by the applicants was entirely self-created, arising from their own dilatory conduct in prosecuting multiple actions, arbitrations, and applications over several years. The applicants failed to advance their litigation with diligence, and the imminent sale of shares was a foreseeable event that could have been addressed earlier. The court held that there were no compelling interests of justice, such as fraud or collusion, to justify indulgence of the urgent application. The applicants' repeated changes of position and procedural manoeuvres amounted to vexatious conduct, warranting censure. Accordingly, the application was struck off the roll,...

Court Disposition

Application struck off the roll; punitive costs awarded against applicants.

Orders

  • The application is struck off the roll.
  • The applicants are ordered to pay the costs of the opposing respondents on the scale as between attorney and client, including the costs of two counsel, where employed.