South Africa Case Law

Burley Appliances Limited v Grobbelaar N.O. and Others (3029/2001)

Burley Appliances Limited v Grobbelaar N.O. and Others (3029/2001) [2003] ZAWCHC 31; [2003] 3 All SA 505 (C); 2004 (1) SA 602 (C) (14 July 2003)

Court

Western Cape High Court, Cape Town

Case number

3029/2001

Judges

H C Nel, Potgieter AJ

The High Court held that statutory claims under sections 64 and 65 of the Close Corporation Act are subject to ordinary prescription rules.

• Close Corporation Act Section 64
• Close Corporation Act Section 65
• Prescription Act Section 10 11 12
• Insolvency Act Section 34
• Piercing Corporate Veil
• Reckless Trading