Status: Dismissed
Introduction 1) This is an application in terms of section 160 of the Companies Act 71 of 2008 (the Act) for a determination and order that the name of the First respondent's does not satisfy the requirements of section 11 (2) of the Act and that the First Respondent to should be directed to choose a new name. Preliminary Issues 2) The Deponent to the Applicant's papers is Carol Juanita Ras, an executive (marketing) of the Applicant who avers that she is authorised to depose to the affidavit and to represent it in these proceedings. 3) Upon perusing the Certificate (annexure PP1 to the affidavit) issued by the Registrar of Companies and Close Corporation in respect of Plasco Painting Contractors, (respondent) dated the 12th March 2014, it is evident that the respondent Plasco Painting Contractors (respondent) was registered on the 18th August 2010. (emphasis added). This date is relevant as the respondent CC was registered before the 1st May 2011 which is the effective date on which the Act came into being. (emphasis added) 4) It is my view that the Tribunal can only entertain the merits of this application in terms of section 160 (3) of the Act, once it is satisfied that it has the necessary jurisdiction to do so. 5) The Respondent's name was registered prior to the coming into operation of the Act and I am to consider whether the Act applies retrospectively or not. 6) It is my view that it is a fundamental principle of our law that generally, laws are prospective and not retrospective in nature.
Decision Details
Decision Date:
21 November 2014
Decision Parties:
Kansai Plascon (Pty) Ltd vs Plasco Painting Contractors CC & CIPCS

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