Van Wyk v Daberas Adventures CC (1431/2016)
Van Wyk v Daberas Adventures CC (1431/2016) [2018] ZANCHC 31 (1 June 2018)
The court held that the appellant was properly authorised by all serving trustees to institute proceedings on behalf of the trust. The absence of Mr B C Van Wyk, who had ceased to be a trustee due to sequestration, did not invalidate the resolution, as unanimous decisions by all serving trustees were permissible under the trust deed. The delegation of the power to institute proceedings was valid, as it did not amount to an abdication of fundamental discretionary powers and was not prohibited by the trust deed. The failure to join all trustees as applicants was not fatal, as there was clear ev…
Source excerpt
- Trustee Authorisation
- Locus Standi
- Joinder Of Trustees
- Delegation Of Trustee Powers