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9 May 2007

Commercial And Corporate [2007] ZAGPHC 88

Blue Cell (Pty) Ltd and Another v Blue Financial Services Limited and Others, Blue Cell Financial Services Limited v Blue Cell (Pty) Ltd (3489/07 , 8456/07)

Blue Cell (Pty) Ltd and Another v Blue Financial Services Limited and Others, Blue Cell Financial Services Limited v Blue Cell (Pty) Ltd (3489/07 , 8456/07) [2007] ZAGPHC 88 (9 May 2007)

Court: High Courts - Gauteng
Case number: 3489/07 , 8456/07
Judge: E Bertelsmann

The court dismissed a specific-performance application over company funding and ordered the first applicant finally wound up after finding deadlock and breakdown of trust.

Shareholder Derivative Action
Specific Performance
Company Liquidation
Director Deadlock
Funding Obligation
Abuse Of Process

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Blue Cell (Pty) Ltd and Another v Blue Financial Services Limited and Others, Blue Cell Financial Services Limited v Blue Cell (Pty) Ltd (3489/07 , 8456/07)