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South Africa Case Law

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Commercial And Corporate [2022] ZAGPPHC 387

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
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