Official source
Source domain: companiestribunal.org.za
Collected on 29 July 2026
Always confirm details on the official source before acting.
What this means
This document is a decision (reasons and order) by the Companies Tribunal of the Republic of South Africa in an ex parte application by Nova PropGrow Group Holdings Limited. The company sought an extension of time to convene its annual general meeting (AGM) for the financial year ended February 2025 under section 61(7)(b) of the Companies Act 71 of 2008. The Tribunal found that the company showed “good cause” due to delays in finalising the auditors’ report and audited financial statements, and it granted an extension until 27 September 2026. No order as to costs was made.
Facts
Reference
CT02855/ADJ/2026
Key Takeaways
- Companies Tribunal of South Africa
- Case No: CT02855/ADJ/2026
- Applicant: Nova PropGrow Group Holdings Limited (Registration No: 2011/003964/06)
- Presiding Member: D Terblanche
- Date of Decision: 27 July 2026
- Application: extension of time to convene AGM under section 61(7)(b) of Companies Act 71 of 2008
- Previous AGM held: 27 March 2025
- Original deadline to convene next AGM: on or before 27 June 2026
- Reason for delay: finalisation delay of auditors' report and audited financial statements for Feb 2025
- Expected resolution of auditors' report/financial statements: 7 August 2026
- Requested extended AGM date: on or before 27 September 2026
- Order: AGM must be convened on or before 27 September 2026
- No order as to costs
- Companies Tribunal of the Republic of South Africa
- Nova PropGrow Group Holdings Limited
- D Terblanche
- Dominique Haese
- Companies Act 71 of 2008
- Companies Regulations, 2011
- Sepflour Limited (CT004MAR2016)
Dates
Closing Date
27 March 2025