- Flynote
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Delict – action for damages by shareholders – necessary averments – alleged
breach of contractual duty owed to a company resulting in its liquidation – shareholders
suing the other contracting party for damages representing loss of dividends – no allegation
in particulars of claim that shareholders’ loss separate and distinct from that suffered by the
company and caused by breach of a legal duty independently owed to shareholders –
exception that particulars of claim not disclosing a cause of action rightly allowed by high
court.
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