N and Others v Maluleke N.O and Others (5983/2021) [2022] ZAGPPHC 911 (25 November 2022)
Court
North Gauteng High Court, Pretoria
Case number
5983/2021
Judge
Millar
The court found that neither the first nor second applicant, nor any of the other applicants, had locus standi to seek the orders requested. The trust deed of the Legacy Trust provides that beneficiaries are only those selected by the trustees in their absolute discretion from a class of potential beneficiaries. The applicants were not selected as beneficiaries and thus have no direct legal interest in the affairs of the Trusts. Their previous roles as trustees and their inclusion as potential beneficiaries do not confer any rights to demand accounting or other relief. The resolution of 14 Fe…