Murray N.O. and Others v African Global Holdings (Pty) Ltd and Others (306/2019) [2019] ZASCA 152 (22 November 2019)

Flynote

Voluntary winding-up of group of companies – s 351 of
Companies Act 61 of 1973 – whether solvent companies needing to be
wound up in terms of ss 79 and 80 of Companies Act 71 of 2008
company not solvent if commercially insolvent – on facts companies
commercially insolvent.
Liquidators – appointment by Master in Pretoria – companies registered
offices within jurisdiction of Master in Johannesburg – Master in Pretoria
exercising jurisdiction throughout Gauteng – s 2(1)(a)(ii) of the
Administration of Estates Act 66 of 1965 – appointments valid.
Personal costs orders – when granted.


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