Spanogiannis and Another v Emgeo and Another (2024/135403) [2024] ZAGPJHC 1274 (16 December 2024)
Court
South Gauteng High Court, Johannesburg
Case number
2024/135403
Judge
Adams
Urgent winding-up application granted after the court found Emgeo unable to pay its debts and held that shareholder deadlock made winding up just and equitable.
Monama N.O v Monama and Sons Electrical Contractors CC and Another (58613/2021) [2024] ZAGPPHC 211 (19 March 2024)
Court
North Gauteng High Court, Pretoria
Case number
58613/2021
Judge
RJ Groenewald
High Court granted a provisional winding-up order after finding deadlock, exclusion, and obstruction of a court-ordered valuation of a deceased member’s interest.
Leitao v Easy Electric CC and Others (4164/2018) [2020] ZAMPMHC 22 (10 June 2020)
Court
Middelburg High Court, Mpumalanga
Case number
4164/2018
Judge
Brauckmann
The applicant sought an order ending his close corporation membership and payment for his 30% interest. The court found no deadlock or just and equitable basis and dismissed the application.
Msizi and Another v Watt Energy (RF) (Pty) Limited and Another; In re: Cennergi (Pty) Limited and Another v Watt Energy (RF) (Pty) Limited (1036/2015) [2015] ZAECGHC 94 (22 September 2015)
Court
Eastern Cape High Court, Grahamstown
Case number
1036/2015
Judge
J.D. Pickering
The court found that the relationship between Msizi and Scheepers, as shareholders and directors of Watt Energy, had irreparably broken down, resulting in dysfunctional management and inability to fulfil key obligations, such as providing audited financial statements. This breakdown was not solely attributable to Msizi, and both parties contributed to the untenable situation. The court held that, analogous to partnership law, the destruction of mutual trust and confidence justified winding up on just and equitable grounds under section 81(1)(d)(iii) of the Companies Act 71 of 2008. Additional…
Comitis NO and Others v Fairbridge Mall (Pty) Ltd (A332/2012) [2013] ZAWCHC 99 (5 February 2013)
Court
Western Cape High Court, Cape Town
Case number
A332/2012
Judges
A.G Binns-Ward, P.B. Fourie, C.M.J Fortuin
The High Court held that the appellants failed to prove a quasi-partnership or deadlock basis for winding up, and dismissed the appeal and fresh-evidence application.
Mokoena NO and Others v Bopa-Lesedi Development (Pty) Ltd (6202/2010) [2011] ZAFSHC 73 (5 May 2011)
Court
Free State High Court, Bloemfontein
Case number
6202/2010
Judge
C.H.G. van der Merwe
Provisional liquidation was sought on just and equitable grounds, but the court referred a factual dispute to oral evidence on whether the third applicant wrongfully triggered a BEE audit.
Norval NO v Square One Power Solutions (Pty) Ltd (24831/05) [2006] ZAGPHC 41 (2 May 2006)
Court
High Courts - Gauteng
Case number
24831/05
Judge
S Weiner
The High Court dismissed a shareholder’s bid to wind up a company as just and equitable or for inability to pay debts, finding insufficient proof and available alternatives.
Kirsten v QCR Computer and Printer Services CC and Others (01/13046) [2001] ZAGPHC 16 (19 July 2001)
Court
High Courts - Gauteng
Case number
01/13046
Judge
Willis
The court granted a provisional winding-up order against a close corporation after finding a prima facie just-and-equitable case and no workable section 36 alternative.