Esheria South Africa Case Law
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South Africa Case Law

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Commercial And Corporate [2025] ZASCA 61

Msimbithi Investments (Pty) Ltd and Others v African Legend Investment (Pty) Ltd and Others (628/2023)

Msimbithi Investments (Pty) Ltd and Others v African Legend Investment (Pty) Ltd and Others (628/2023) [2025] ZASCA 61 (14 May 2025)

Court
Supreme Court of Appeal
Case number
628/2023
Judges
Molemela, Kathree-Setiloane, Keightley, Gorven, Dolamo

The SCA upheld a capital-raising share issue, set aside the dismissal of a delinquency counter-application, and declared Ramano delinquent for seven years.

  • Directors Fiduciary Duties
  • Delinquency Declaration
  • Share Issue Validation
  • Proper Purpose Test
  • Oppressive Conduct
  • Companies Act 71 Of 2008
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Commercial And Corporate [2025] ZAGPJHC 267

Ackerman v Kalon Venture Partners Limited (2022/050857)

Ackerman v Kalon Venture Partners Limited (2022/050857) [2025] ZAGPJHC 267 (13 March 2025)

Court
South Gauteng High Court, Johannesburg
Case number
2022/050857
Judge
Dlamini

The High Court dismissed an application to place a company into provisional liquidation on just and equitable grounds, finding the case unsupported and self-serving.

  • Just And Equitable Winding Up
  • Shareholder Remedies
  • Directors Fiduciary Duties
  • Memorandum Of Incorporation
  • Costs Award
  • Just-and-equitable-winding-up
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Commercial And Corporate [2019] ZASCA 53

CDH Invest NV v Petrotank South Africa (Pty) Ltd and Others (483/2018)

CDH Invest NV v Petrotank South Africa (Pty) Ltd and Others (483/2018) [2019] ZASCA 53; 2019 (4) SA 436 (SCA) (1 April 2019)

Court
Supreme Court of Appeal
Case number
483/2018
Judges
Ponnan, Saldulker, Davis, Carelse, Rogers

The Supreme Court of Appeal held that a round robin board resolution increasing Petrotank’s authorised shares was invalid because the directors acted without proper purpose.

  • Directors Fiduciary Duties
  • Memorandum Of Incorporation Amendment
  • Share Authorisation
  • Round Robin Resolution
  • Proper Purpose
  • Misrepresentation
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About this LexChat collection

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.