South Africa: North Gauteng High Court, Pretoria

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[2022] ZAGPPHC 28
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Standard Bank Nominees (Transvaal) (Pty) Ltd and Others v Investec Bank Limited and Another (19269/2011) [2022] ZAGPPHC 28 (2 February 2022)
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IN THE HIGH COURT OF SOUTH AFRICA
GAUTENG DIVISION, PRETORIA
(1) REPORTABLE: NO
(2) OF INTEREST TO OTHERS JUDGES: NO
(3) REVISED
Case No: 19269/2011
In the matter between:
STANDARD BANK NOMINEES (TRANSVAAL) (PTY) LTD 1st APPLICANT
SHAP ARON NOMINEES (PTY) LTD 2nd APPLICANT
BNS NOMINEES (PTY) LTD 3rd APPLICANT
WILLIAM JAMES SEBASTIAN BAILEY 4th APPLICANT
LISA DUTHIE 5th APPLICANT
TRUSTEES OF THE GARCIA REVOCABLE FAMILY TRUST 6th APPLICANT
MARTINE MIGNON GUISE 7th APPLICANT
TANIA HAMILTON 8th APPLICANT
TRUSTEES OF THE JAPONICA TRUST 9th APPLICANT
MARY JANE HOPE ROBERTSON 10th APPLICANT
DAVID JOHN SMYTH 11th APPLICANT
PATRICK CHARLES SMYTH 12th APPLICANT
ANGLORAND SECURITIES LIMITED 13th APPLICANT
ELJAY INVESTMENTS INC 14th APPLICANT
HENTIQ 1843 (PTY) LTD 15th APPLICANT
DEBORAH JANE PALMER 16th APPLICANT
RAVEN CREST PROPERTY HOLDINGS (PTY) LTD 17th APPLICANT
GERARD JOHN CHAPPEL 18th APPLICANT
HELOISE LEONA MENNE 19th APPLICANT
ROGER PETER MUNDEL 20th APPLICANT
MATTHEW LEE STEADMAN 21st APPLICANT
ALLAN ERIC THOMPSON 22nd APPLICANT
NICHOLAS ZEHNDER 23rd APPLICANT
STEPHEN RICHARD BUCKLE 24th APPLICANT
GARY DAVID CAHN t/a POPS INVESTMENTS 25th APPLICANT
ELIZABETH CATHERINA CHANDLER 26th APPLICANT
MURRAY FRANCIS CHANDLER 27th APPLICANT
MOHAMED SHIRAZ GANI 28th APPLICANT
THE TRUSTEES FOR THE TIME BEING 29th APPLICANT
OF THE GARY CAHN FAMILY TRUST
DOUGLAS GILFILLAN 30th APPLICANT
MAFUMISA INVESTMENT CLUB 31st APPLICANT
THE EXECUTOR ESTATE LATE 32nd APPLICANT
ADOLF MARCEL VAN DER STRIECKT
IVO CARLO ZAMBETTI 33rd APPLICANT
and
INVESTEC BANK LIMITED 1st RESPONDENT
RANDGOLD & EXPLORATION COMPANY LIMITED 2nd RESPONDENT
JUDGMENT
(APPLICATION FOR LEAVE TO APPEAL)
BASSON, J
[1] After duly considering the comprehensive submissions filed on behalf of the parties in the application for leave to appeal, I am of the view that applicants have reasonable prospects of success on appeal.
[2] In light of the above, the following order is granted:
i) Leave to appeal to the Supreme Court of Appeal is granted;
ii) The costs of this application will be costs in the appeal.
JUDGE A C BASSON
JUDGE OF THE HIGH COURT
Delivered: This judgment was prepared and authored by the Judge whose name is reflected and is handed down electronically by circulation to the Parties/their legal representatives by email and by uploading it to the electronic file of this matter on CaseLines. The date for hand-down is deemed to be 2 February 2022.
Case number : 19269/2011
Matter heard on : Decided on the papers
Appearances
For the Applicant : Adv C Loxton SC
Adv P Farlam SC
Adv A Price
Instructed by : Korbers Attorneys
For the 1st Respondent : Adv J Blou SC
Instructed by : Werksmans Attorneys
Date of the judgment : 2 February 2022