The Western Cape High Court dealt with a family company dispute involving Gattis Ice Cream (Pty) Ltd and applications under sections 163(1) and 76(3) of the Companies Act. It set aside two board resolutions, refused several forms of relief including court mandated mediation, special leave, a general manager appointment and non executive appointments, and directed the parties to agree on an investigator within 5 days. The Court also refused interdicts concerning Zameer and Basheer, granted leave to file further affidavits, and dismissed the application to declare Basheer a delinquent director.
This appears to concern oppression relief, company governance and internal dispute processes in a family run company.
Evidence from source
Summary: Application in terms of section 163(1) read with section 76(3) of the Companies Act 71 of 71 of 2008
Supports: The matter concerns an application under sections 163(1) and 76(3) of the Companies Act.