Nash and Another v CADAC Pension Fund and Others; In Re: Nash v CADAC Pension Fund and Others; Cronje and Others v CADAC Pension Fund and Others (43585/2019) [2020] ZAGPJHC 83 (14 May 2020)
The court found that two prior orders required Nash to obtain leave before instituting any proceedings against the respondents. Section 5(8)(a) of the Financial Institutions (Protection of Funds) Act did not override these binding orders. Nash's litigation history and the judicial criticism he received justified the continued imposition of judicial oversight. The court held that Nash was required to bring a separate application for leave before instituting the interlocutory application, and his failure to do so rendered the application fatally defective. The intervention application was dismissed as it was premised on the interlocutory application. Costs followed the result, but no...
- Citation
- [2020] ZAGPJHC 83
- Parties
- Applicant: Simon John Nash; Applicant: Cadac (Pty) Ltd; Respondent: The Cadac Pension Fund (in curatorship); Respondent: Anton Louis Mostert N.O.; Respondent: Johan Esterhuizen N.O.; Respondent: Karen Keevy N.O.; Respondent: NMG Administration (Pty) Ltd; Applicant: Antoinette Cronje; Applicant: Iris Rose Schoeman; Applicant: Samantha Mays
- Court
- South Gauteng High Court, Johannesburg
- Jurisdiction
- South Africa
- Judgment Date
- 14 May 2020
- Case Number
- 43585/2019
- Procedural Posture
- Urgent Application / Interlocutory and Intervention Applications
- Outcome
- Both the interlocutory and intervention applications are dismissed with costs.
- Judges
- Francis
- Legal Topics
- Curatorship Proceedings, Vexatious Litigation, Leave to Institute Proceedings, Pension Fund Management
Case Brief
Summary, issues, holding and outcome
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Parties
Simon John Nash
Applicant
Cadac (Pty) Ltd
Applicant
The Cadac Pension Fund (in curatorship)
Respondent
Anton Louis Mostert N.O.
Respondent
Johan Esterhuizen N.O.
Respondent
Karen Keevy N.O.
Respondent
NMG Administration (Pty) Ltd
Respondent
Antoinette Cronje
Applicant
Iris Rose Schoeman
Applicant
Samantha Mays
Applicant
Procedural Posture
Urgent Application / Interlocutory and Intervention Applications
Legal Issues
- 1 Whether the first applicant, Simon John Nash, was required to obtain leave of the court before instituting the interlocutory application.
- 2 Whether the interlocutory application could be brought without a separate application for leave as required by previous court orders.
- 3 Whether the intervention applicants could be joined and granted relief pending determination of the interlocutory application.
Ratio Decidendi
The court found that two prior orders required Nash to obtain leave before instituting any proceedings against the respondents. Section 5(8)(a) of the Financial Institutions (Protection of Funds) Act did not override these binding orders. Nash's litigation history and the judicial criticism he received justified the continued imposition of judicial oversight. The court held that Nash was required to bring a separate application for leave before instituting the interlocutory application, and his failure to do so rendered the application fatally defective. The intervention application was dismissed as it was premised on the interlocutory application. Costs followed the result, but no...
Court Disposition
Both the interlocutory and intervention applications are dismissed with costs.
Orders
- The interlocutory application is dismissed.
- The costs of the interlocutory application are to be borne by the first and second applicants jointly and severally, the one paying the other to be absolved.
Full Case Text
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