Verimark Holdings Limited v Brait Specialised Trustees (Pty) Limited NO and Others (2009/22928)
Verimark Holdings Limited v Brait Specialised Trustees (Pty) Limited NO and Others (2009/22928) [2009] ZAGPJHC 45 (28 August 2009)
The court held that only the minority shareholders to whom a scheme of arrangement offer was made could vote. The scheme was dismissed for lack of jurisdiction.
- Scheme Of Arrangement
- Class Of Members
- Shareholder Rights
- Court Sanction
- Companies Act Section 311
- Scheme-of-arrangement