South Africa Case Law

Siyakhula Sonke Empowerment Corpoation (Pty) Ltd and Others v Redpath Mining South Africa (Pty) Ltd and Others (Application for Leave to Appeal) (57639/2021)

Siyakhula Sonke Empowerment Corpoation (Pty) Ltd and Others v Redpath Mining South Africa (Pty) Ltd and Others (Application for Leave to Appeal) (57639/2021) [2024] ZAGPJHC 933 (19 September 2024)

Court

South Gauteng High Court, Johannesburg

Case number

57639/2021

Judge

ML Senyatsi

Upon consideration of the grounds of appeal and the arguments presented by both parties, the court finds that the requirements of section 17(1)(a) of the Superior Courts Act have been met. There is a reasonable prospect that another court may differ on the interpretation of section 41(3) of the Companies Act, 2008. The matter involves an important question of law that has not yet been addressed by the Supreme Court of Appeal. Accordingly, leave to appeal is granted, restricted to the interpretation of section 41(3) of the Companies Act, 2008.

Source excerpt

• Companies Act Section 41 3
• Rights Offer
• Share Issuance
• Interpretation Of Statute

Matlala and Others v Mosalakae and Others (49867/2010)

Matlala and Others v Mosalakae and Others (49867/2010) [2017] ZAGPPHC 1032 (13 November 2017)

Court

North Gauteng High Court, Pretoria

Case number

49867/2010

Judge

M.C De Klerk

The High Court ordered rectification of Gundo Investments’ members register, finding no valid rights-offer contract for extra shares and restoring equal ownership among seven entities.

• Rectification Of Share Register
• Companies Act 1973
• Rights Offer
• Shareholder Entitlement
• Contractual Consensus
• Allocation Of Shares