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

Reported

Citation: Murray N.O. and Others v African Global Holdings (Pty) Ltd and Others (306/2019) [2019] ZASCA 152 (22 November 2019)
Media Neutral Citation: [2019] ZASCA 152
Hearing date: 15 November 2019
Court: Supreme Court of Appeal of South Africa
Case number: 306/2019
Law report citations: [2020] 1 All SA 64 (SCA)

2020 (2) SA 93 (SCA)
Judges: Wallis JA, Nicholls JA, Plasket JA, Gorven AJA, Mokgohloa JA
Judgment date: 22 November 2019
Language: English
Type: Judgment

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 7 1 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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