18Sammel v President Brand Gold Mining Co Ltd 1969 (3)SA 629 (A)para678Trollip J firmly noted:'By becoming a shareholder in a company a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders, if those decisions on the affairs of the company are arrived at in accordance with the law, even where
WhatsApp: +86 18221755073Yende v Orlando Coal Distributors (Pty) Ltd 1961 (3) SA 314 (W) Par316 and Hahlo's South. African Company Law Through the Cases 6e page381 par2 and page403 par2. Sammel v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) par678. Max Rainer Companies Act provides relief for prejudiced minority shareholders, De Rebus in. 2019 …
WhatsApp: +86 18221755073REPUBLIC OF SOUTH AFRICA IN THE HIGH COURT OF SOUTH . v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) Trollip JA said that the 'principle of the supremacy of the majority is essential to the proper functioning of This principle is called Majority rule principle in the case of Trollip JA and Ors v President Brand Gold Mining Co 1969 (3) …
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WhatsApp: +86 18221755073[21] In Sammel & others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 666C-D, this court said that a 'nominee' is a person who is nominated or appointed to hold the shares in his name on behalf of another and that the nominee is in effect simply an agent of the transferee. And that the reason why 'nominee' and not 'agent ...
WhatsApp: +86 18221755073Trollip JA and Others v President Brand Gold Mining Company [1969] (3) SA 629 (A). xi ACKNOWLEDGEMENT Words have a tendency of failing men whenever they wish to express their deeply felt gratitude. They have limitations. They are static. I find myself in this situation. However, in recognition of
WhatsApp: +86 182217550731 See generally Sammel v President Brand Gold Mining Co 1969 (3) SA 699 (A) at 699–707 for a definition of a nominee shareholder. Compare with note 2 below, which refers to South Africa's Companies Act 61 of 1973, sec 103(2) of which provides that, for a person to become a member, his or her name must be entered in the register.
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WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 662; [9] In ABSA Bank Ltd v Rhebokskloof (Pty) Ltd 1993 (4) SA 436 (C) at page 440-441, the following is stated:- "Turning to the merits of the matter, Mr Gauntlett contended that ABSA was entitled to a final winding-up order on the basis that Rhebokskloof was 'commercially ...
WhatsApp: +86 18221755073S V ZINN 1969 (2) SA 537 (A) Facts. The appellant in this case was charged in the Cape of Good Hope Provincial Division with 63 counts of fraud, 291 counts of theft and a contravention of section 135 of the Act 24 of 1936. Zinn aged fifty-eight pleaded guilty and was found guilty with fourteen counts of fraud and 221 counts of theft and the one ...
WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) 678 - 679 where it is highlighted that a general principle of corporate law is that one who becomes a shareholder in a company undertakes to be bound by decisions taken lawfully by …
WhatsApp: +86 182217550731Sammel v President Brand Gold Mining Co Ltd1969 (3) SA 629 (A) at 678. 2PA Delport (ed) Henochsberg on the Companies Act 71 of 2008(Service Issue 17) 574(12) and the authorities there cited. 3JT Pretorius (ed) Hahlo'sSouth African Company Law through the Cases6 ed (1999) 380. 4Delport (ed) op cit note 2 at 574(12). The standard in company ...
WhatsApp: +86 18221755073In dealing with the second question, the court in Du Plooy referred with approval to Sammel and Others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (AD) at 666 where …
WhatsApp: +86 18221755073(See also Moosa NO v Mavjee Bhawan (Pty) Ltd and Another 1967 (3) SA 131 (T) at 137; Emphy and Another v Pacer Properties ... Volume 1, page 702; APCO Africa (Pty) Ltd and Another v APCO Worldwide Inc. ... 12 Per Trollip JA in v President Brand Gold Mining Company Limited 1969 (3) SA 629 ...
WhatsApp: +86 18221755073S v ZINN 1969 (2) SA 537 (A) ... (Gane's trans., vol. 7, p. 504); S v de Jager, 1965 (2) SA 629; S v Masala, 1968 (3) SA 212; S v Kellner, 1967 (2) SA 193. E A. J. Lategan, for the State, referred to S v Ivanisevic, 1967 (4) SA at pp. 575H - 576A. ... of Act 24 of 1936 read with sec. 185 of Act 46 of 1926 (1 count). He appeared before G ...
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WhatsApp: +86 18221755073v President Brand Gold Mining Co Ltd[9] by Trollip JA, that majority shareholders could not use the ... 1939 AD 314. [9] 1969 (3) SA 629 (A) (at 680). [10] 2001 (3) SA 1074 (C). [11] (1887) 12 App Cas 589 (PC). [12] [1974] 2 All ER 625 (Ch). Share Article: Title: Delinquent Directors and the Shareholder-Director Conundrum Author:
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WhatsApp: +86 18221755073principles of company law. As stated by Trollip JA in Sammel & others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 678G-H: 'By becoming a shareholder in a company a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders, if those decisions on
WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Company Ltd 1969 (3) SA 629A at 678. Thus the mere loss of confidence in the management of the company's ... SA 593 D at 597 per Caney J. However, other facts may afford such proof, e.g. that a number of creditors have sued the company for payment of monies due to them, that assets of the
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WhatsApp: +86 182217550731 See generally Sammel v President Brand Gold Mining Co 1969 (3) SA 699 (A) at 699–707 for a definition of a nominee shareholder. Compare with note 2 below, which …
WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 662; [9] In ABSA Bank Ltd v Rhebokskloof (Pty) Ltd 1993 (4) SA 436 (C) at page 440-441, the following is stated:- "Turning to the merits of the matter, Mr Gauntlett contended that ABSA was entitled to a final winding-up order on the basis that Rhebokskloof was 'commercially ...
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WhatsApp: +86 182217550735 appellant is entitled to a winding-up order ex debito justitiae (cf Sammel and Others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 662F). [5] In the court a quo the learned judge had regard to the respondent's financial statements for the year ended 28 February 1997, which, although only in draft form,
WhatsApp: +86 1822175507318Sammel v President Brand Gold Mining Co Ltd 1969 (3)SA 629 (A)para678Trollip J firmly noted:'By becoming a shareholder in a company a person undertakes by his …
WhatsApp: +86 182217550735 appellant is entitled to a winding-up order ex debito justitiae (cf Sammel and Others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 662F). [5] In the court a …
WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Co Ltd 1969(3) SA 629 (A) at 662 et seq. [181 Furthermore, it is submitted on behalf of the applicant that it is just and equitable for the … Бөмбөлөгт тээрэмАлт 2025 хөтөлбөрийн суурь судалгааны тайлан
WhatsApp: +86 1822175507325 See articles 2 and 16 of the Convention on the Elimination of All Forms of Discrimination Against Women (CEDAW), which South Africa acceded to on 15 December 1995; article 18(3) of the African Charter on Human and Peoples' Rights, which South Africa acceded to on 9 July 1996; articles 2, 6 and 7 of the Protocol to the African Charter on Human and …
WhatsApp: +86 18221755073v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) Trollip JA said that the 'principle of the supremacy of the majority is essential to the proper functioning of …
WhatsApp: +86 18221755073In dealing with the second question, the court in Du Plooy referred with approval to Sammel and Others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (AD) at 666 where it was held that '[o]wnership of shares does not depend upon registration'.
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WhatsApp: +86 18221755073Sammel v President Brand Gold Mining Company Ltd 1969 (3) SA 629A at 678. Thus the mere loss of confidence in the management of the company's ... SA 593 D at 597 per …
WhatsApp: +86 18221755073This principle is called Majority rule principle in the case of Trollip JA and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) stating the reluctance of courts …
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