South Africa ยท High Court of South Africa, Gauteng Division, Johannesburg (application by the company)
Sandile Nomvete: director ban
In force The High Court declared him delinquent for life on 21 January 2025, subject to the possibility of suspension stated in the order. No appeal was found in searches on 27 October 2026.
Grounds
Vally J declared Nomvete, the former chief executive, a delinquent director under section 162(5) of the Companies Act and made the declaration applicable for life. Moonstone reported the court found the directors grossly abused their positions and acted recklessly.1,2
Companies
Delta Property Fund Limited
Record
- Judgment in Delta Property Fund Limited v Nomvete and Others declared three former executives delinquent.1
Sources
- High Court of South Africa, Gauteng Division, Johannesburg (via SAFLII), Delta Property Fund Limited v Nomvete and Others [2025] ZAGPJHC 64 (21 January 2025)
- Moonstone, Judgment in Delta case highlights D&O insurance limitations (13 March 2025)
A disqualification restricts acting as a company director for the period stated. It is a civil measure and is not a criminal conviction unless stated. How bans work.