South Africa Case Law

Stewart and Another v Prinsloo and Others (1431/2011, 1430/2011, 1824/2011, 2196/2011)

Stewart and Another v Prinsloo and Others (1431/2011, 1430/2011, 1824/2011, 2196/2011) [2012] ZAECPEHC 30 (15 May 2012)

Court

Eastern Cape High Court, Port Elizabeth

Case number

1431/2011, 1430/2011, 1824/2011, 2196/2011

Judge

Revelas

After settlement of an insolvency action arising from an illegal investment scheme, the High Court ordered each party to pay its own costs and allowed expert witness fees.

• Insolvency Act Section 26
• Insolvency Act Section 30
• Illegal Pyramid Scheme
• Unlawful Dispositions
• Costs Award
• Banking Act Contravention