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THE SUPREME COURT OF APPEAL OF SOUTH AFRICA …

principles of company law. As stated by Trollip JA in Sammel others v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 678GH: ‘By becoming a shareholder in a company a person undertakes by his contract to be bound by the decisions of the prescribed majority of …

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A minority shareholder's statutory remedy for "oppression"

A minority shareholder's statutory remedy for "oppression" ... as was ordered in Scottish Cooperative Wholesale Society Ltd v Meyer [1958] 3 All ER 66 ... the court referred to the muchquoted dictum of Trollip J in Sammel v President Brand Gold Mining Co Ltd 1969 (3) ...

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" This principle is called Majority rule principle in the case of Trollip JA and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) stating the reluctance of courts to intervene in matters concerning the internal management of a company.

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V President Brand Gold Mining

The judgment given in the case of Per Trolip JA in and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) is in support of this majority rule.

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RULE OF MAJORITY SHAREHOLDERS IN ORGANISATIONS

This principle is called Majority rule principle in the case of Trollip JA and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) stating the reluctance of courts to intervene in matters concerning the internal management of a company.

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The judgment given in the case of Per Trolip JA in and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) is in support of this majority rule. In this case law the judgment was,” By becoming a shareholder in a company, a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders, if ...

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This is why there is the majority shareholder rule. The judgment given in the case of Per Trolip JA in and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 …

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V President Brand Gold Mining

The judgment given in the case of Per Trolip JA in and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) is in support of this majority rule. In this case law the judgment was,” By becoming a shareholder in a company, a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders, if ...

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Question 1 “by becoming a shareholder in accompany, a person undertakes by his contract to be bound by the decisions of the prescribed majority of shareholders, if those decisions on the affairs of the company are arrived at in accordance with law, even where they adversely affect his own rights as a shareholder “Per Trollip JA in and ORS V President Brand Gold Mining Co. 1969(3) SA ...

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Protecting your rights as a minority shareholder in South ...

In Sammel v President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 678 the following was stated: “[B]y becoming a shareholder in a company a person undertakes . . . to be bound by the decisions of the prescribed majority of the shareholders, if those decisions on the affairs of the company are arrived at in accordance with the law, even ...

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" This principle is called Majority rule principle in the case of Trollip JA and Ors v President Brand Gold Mining Co. 1969 (3) SA 629 (A) stating the reluctance of courts to intervene in matters concerning the internal management of a company.

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Sammel v. President Brand Gold Mining Co. Ltd. 1969 (3) ... On the sale of shares the rights of the shareholder pass to the purchaser when the blank transfer form signed by the seller H and the share certificate are delivered to the purchaser by the ... President Brand Gold Mining Co Ltd 1969 (3) SA 629 (A) at 666A667A; Oakland Nominees ...

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