- Kudumane Investment Holding Ltd v Northern Cape Manganese Company (Pty) Ltd and Others (34403/2011) [2012] ZAGPJHC 1160.73 MB
Summary: Section 163 of Companies Act of 2008 – mining company with two shareholders, one the financier, one the BEE party – majority shareholder a company which is litigating inter se – dispute re shareholders and directors of majority shareholder company – dispute re directors of majority shareholders nominated to board of mining company – minority shareholder alleging ‘oppression’ by reason of paralysis of mining company – board meetings, board decisions subject to challenge – temporary relief pending outcome of litigation between factions of majority shareholder – relief appointing non-disputed directors to board of mining company.
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