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South Africa Case Law

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Administrative Law [2013] ZAGPJHC 282

Property Promotions & Management (Pty) Ltd and Others v Securities Regulation Panel and Others (2011/6086)

Property Promotions & Management (Pty) Ltd and Others v Securities Regulation Panel and Others (2011/6086) [2013] ZAGPJHC 282 (15 November 2013)

The High Court dismissed a review of the SRP ruling, holding that the only surviving applicant lacked locus standi because it was not a shareholder when the offer obligation arose.

  • Companies Act 1973
  • Mandatory Offer
  • Affected Transaction
  • Locus Standi
  • Takeover Regulation
  • Review Of Administrative Action
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Commercial And Corporate [1994] ZAGPHC 1

Randgold & Exploration Company Limited and Another v Fraser Alexander Limited and Others (21801/94)

Randgold & Exploration Company Limited and Another v Fraser Alexander Limited and Others (21801/94) [1994] ZAGPHC 1 (17 August 1994)

Urgent interdict application dismissed where shareholders challenged a proposed scheme and meeting, but the court found the urgency self-created and no affected transaction shown.

  • Companies Act Section 38
  • Affected Transaction
  • Fiduciary Duties
  • Securities Regulation Code
  • Urgent Interdict
  • Minority Shareholder Protection
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.