Masibuyisane Services (Pty) Ltd v Eqstra Corporation (Pty) Ltd (1245/2019) [2020] ZASCA 159 (1 December 2020)

Flynote

Consequences of conversion of a close corporation into a company in
terms of s 29C(1) of the Companies Act 61 of 1973 and vice versa, in terms of the Close Corporation Act 69 of 1984 - validity of suretyship concluded by company after it had converted from a close corporation - company cited in suretyship as a close corporation - absence of any hiatus or interruption of juristic personality upon
conversion - appeal dismissed


Loading PDF...

This document is 158.3 KB. Do you want to load it?

▲ To the top