Court orders wife to return R1.2m vehicle amid divorce proceedings

THE Gauteng High Court, Johannesburg, has ordered a wife to return a R1.2 million car that she was allowed to use pending the divorce between her and her husband, but as the vehicle formed part of the corporate assets of a closed corporation now in liquidation, it was ruled that the vehicle belonged to the liquidators.

- ZELDA VENTER

The woman, who may not be identified as divorce proceedings are pending, was driving the Toyota Land Cruiser while being married. The vehicle belonged to Kanivest 3214 CC, the corporation of which her husband was the managing director.

The vehicle was bought in 2020 by the corporation under an installment sale agreement. Her husband allowed her the use of the vehicle, although the corporation was its registered owner.

Last year her husband took steps to put the corporation into voluntary liquidation and the voluntary winding up of the corporation commenced, with liquidators being appointed. The voluntary winding-up occurred after the breakdown of the couple's marriage.