HR Computek (Pty) Ltd v Dr WAA Gouws (Johannesburg) (Pty) Ltd and Others (2019/38193)
HR Computek (Pty) Ltd v Dr WAA Gouws (Johannesburg) (Pty) Ltd and Others (2019/38193) [2023] ZAGPJHC 844; 2023 (6) SA 268 (GJ) (12 July 2023)
The court held that the applicant company, through its sole director, was entitled to bring an application for rescission of the winding-up orders granted in its absence, without the co-operation of the liquidators. The reasoning in Praetor and Storti was endorsed, confirming that directors retain residual powers to act for the company in such circumstances. The Supreme Court of Appeal in Ward did not preclude such applications, and dicta to the contrary in Impac and Ragavan are incorrect or obiter. The opposition by the first respondent was found to be unauthorised, as the resolution relied…
Source excerpt
- Company Liquidation
- Locus Standi
- Board Residual Powers
- Resolution Authorisation
- Common Law Rescission
- Rule 42 Application