Garcao v Master of the Northern Cape High Court, Kimberley and Others (185/13)
Garcao v Master of the Northern Cape High Court, Kimberley and Others (185/13) [2015] ZANCHC 10 (8 May 2015)
The court found that the enquiry was properly convened under sections 417 and 418 of the Companies Act, as expressly stated in both the court order and the heading of the subpoena. The Assistant Master acted as a commissioner appointed in terms of section 418, and the proceedings complied with the statutory requirements. The applicant's argument that only the Master could conduct the enquiry was not supported by the wording of the Act or the facts. The applicant failed to provide particularity regarding alleged procedural unfairness and did not demonstrate prejudice. He also failed to address…
Source excerpt
- Liquidation Enquiry
- Companies Act Section 417
- Companies Act Section 418
- Review Of Proceedings
- Condonation
- Powers Of Liquidators