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CT021NOV2014


Posted on 27 May 2017
Case number: CT021NOV2014
Case type: Directorship Disputes
Decisions Status: Granted

Spineco Medical International (Pty) Ltd (Spineco), the first applicant herein, was established in 2009 by Cedric Webb and Janice Webb. The two are the only directors of Spineco and each of them holds half of Spineco’s shares. They are also related by blood as (elder) brother and sister, but, they occupy opposing sides in this application, as second applicant and respondent, respectively. The second applicant brought the application on his and Spineco’s behalf, for the removal of the respondent as a director. However, the validity of the resolution of Spineco purporting to authorise the bringing of this application is challenged by the respondent. I henceforth – purely for ease of reference and not in any way indicative of my view on this issue – refer to the second applicant, simply as the applicant; continue to refer to the first applicant as Spineco and to Spineco and the second applicant jointly, as applicants.


Hearing


Date of Hearing: 14 May 2015

Venue: Tribunal premises

Parties: Spineco Medical International (Pty) Ltd vs Webb, Janice Lilian


Decisions and Orders


Date of Decision: 11 Aug 2015

Decisions Status: Granted




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