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South Africa decisions
Decisions matching the current search
Dreyer v Afristat Investment Holdings (030942/22) [2024] ZAGPPHC 142 (20 February 2024)
The High Court dismissed a minority shareholder’s bid to wind up a company under section 81 of the Companies Act, finding no proof of fraud or asset wastage.
Van Der Westhuizen v Van Der Westhuizen and Others (24614/2022) [2024] ZAGPPHC 15 (8 January 2024)
The court found that the relationship between the applicant and first respondent, both brothers and members of the close corporations, had irretrievably broken down, resulting in a deadlock that rendered the corporations incapable of functioning as intended. The respondents failed to provide any substantive legal defence to counter the application. The court considered the broad discretion afforded under the just and equitable ground for winding up, as well as the clean hands principle, and determined that the circumstances justified final liquidation of both Trackstar Trading 20 CC and HM &…
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Tait NO and Another v Wescom Business Ventures (Pty) Ltd and Others, Tait NO and Others v Van Niekerk and Other (29833/2016, 2495/2016) [2018] ZAGPPHC 639 (2 March 2018)
The court dismissed an application to wind up a solvent company over shareholder deadlock, enforced a settlement agreement, and made detailed costs orders.
Unipalm Investment Holdings Ltd v BTH Konstruksie BK (14425/2007) [2008] ZAWCHC 96 (6 November 2008)
The High Court confirmed liquidation of a close corporation after finding the applicant was a creditor, the denials were unsupported, and winding up was just and equitable.
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