Schnell NO and Others v FMI Trading (Pty) Ltd (60068/19)
Schnell NO and Others v FMI Trading (Pty) Ltd (60068/19) [2022] ZAGPPHC 387 (2 June 2022)
The High Court granted a provisional winding-up order against FMI Trading (Pty) Ltd after finding the company was factually insolvent and the fourth applicant was a creditor.
- Company Winding Up
- Factual Insolvency
- Creditor Status
- Shareholder Loans
- Financial Statement Misrepresentation
- Company-winding-up