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South Africa Case Law

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Commercial And Corporate [2021] ZAGPPHC 355

Safety Grip CC v Advent Oil (Pty) Ltd and Others v Arvoprox (Pty) Ltd (96949/2015; 96948/2015)

Safety Grip CC v Advent Oil (Pty) Ltd and Others v Arvoprox (Pty) Ltd (96949/2015; 96948/2015) [2021] ZAGPPHC 355 (18 May 2021)

Court
North Gauteng High Court, Pretoria
Case number
96949/2015; 96948/2015
Judge
Gwala

The court dismissed leave to appeal, upholding that a credit agreement was invalid under section 75(3) of the Companies Act and that a suretyship was signed in error.

  • Companies Act Section 75
  • Director Conflict Of Interest
  • Credit Agreement Invalidity
  • Suretyship Liability
  • Companies-act-section-75
  • Director-conflict-of-interest
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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.

Source links and collection timestamps are retained alongside the indexed records.