De Klerk v De Lange and Another
De Klerk v De Lange and Another [2023] ZAGPPHC 306; 49408/2020 (2 May 2023)
The court found the applicant's version to be credible, reliable, and probable, supported by the factual chronology, WhatsApp messages, and the lack of challenge to material aspects of her evidence. The first respondent's evidence was inconsistent with his affidavits and the agreed common cause facts, and his reliance on a prior shareholders' agreement was misplaced. The applicant proved on a balance of probabilities that the first respondent undertook to pay her R1,000,000 for her shares by the end of November 2019 and R20,000 per month until payment. The applicant is entitled to delivery of…
Source excerpt
- Shareholder Dispute
- Oral Agreement
- Specific Performance
- Interest A Tempore Morae
- Company Law Remedies