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Brown and Others v Financial Service Board and Others (679/2007) [2013] ZAWCHC 142

26th September 2013

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  • Brown and Others v Financial Service Board and Others (679/2007) [2013] ZAWCHC 142
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On 27 March 2007 this Court granted a final order placing the financial services business of the Second to Fourth Respondents (“the Fidentia companies”) under curatorship in terms of section 5 of the Financial Institutions (Protection of Funds) Act 28 of 2001 (“the Financial Institutions Act”) at the instance of the Executive Officer of the first respondent, the Financial Services Board (“FSB”) (“the curatorship order). The curatorship order was preceded by a provisional curatorship order granted on 1 February 2007, together with a rule nisi calling upon interested persons to show cause why the order should not be made final.

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