Breezewood Trading 88 CC t/a Mica Celtis v Ebrahim (24260/2011)
Breezewood Trading 88 CC t/a Mica Celtis v Ebrahim (24260/2011) [2014] ZAGPPHC 680 (4 September 2014)
High Court held that a former member misappropriated R338,000 from the close corporation and could not rely on settlement clauses to avoid liability.
- Misappropriation Of Funds
- Close Corporation Member Liability
- Full And Final Settlement Clause
- Good Faith In Contracts
- Parol Evidence Rule
- Misappropriation-of-funds