Watson NO v Ngonyama and Another (453/2020) [2021] ZASCA 74 (9 June 2021)

Flynote

Application for restoration of shares – claim that shares donated on the
basis of misrepresentation that persons with BBBEE credentials would benefit – case
withdrawn against registered shareholder – entities alleged to be beneficial shareholders
not cited – order by court against individual alleged to have made representation
incapable of execution – issues including ownership of shares involving corporate
structures complex – motion proceedings inappropriate


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