Judicial ManagementProvisional OrderInterdictPeregrinusSecurity for CostsLis PendensUrgency
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Judicial ManagementProvisional OrderInterdictCompany Law
legislation
Statutes Cited
Companies Act
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Case Summary
Key Issues
{"issue_text":"Whether a peregrinus applicant must provide security for costs when not specifically requested","issue_type":"procedural","dispositive":"no","related_facts":"Applicant is foreign company"}
{"issue_text":"Whether foreign companies need local registration to approach court","issue_type":"procedural","dispositive":"no","related_facts":"Applicant not locally registered"}
{"issue_text":"Whether applicant needed court leave to sue company under judicial management","issue_type":"procedural","dispositive":"no","related_facts":"HC 2020/14 order required stay of proceedings"}
{"issue_text":"Whether matter is urgent","issue_type":"procedural","dispositive":"yes","related_facts":"Certificate of urgency issued"}
{"issue_text":"Whether applicant established prima facie case for interdict","issue_type":"mixed","dispositive":"yes","related_facts":"Judicial manager incurring expenses without consultation"}
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background
Facts of the Case
Background
The applicant, a foreign company and major creditor of Aquarium Trading (Pvt) Ltd (under judicial management), sought an urgent interdict preventing the judicial manager from conducting a second forensic audit without creditor consultation. The application was opposed on multiple procedural grounds including security for costs, lack of local registration, failure to seek court leave, lis pendens, and urgency.
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