You receive a call from Mr Philip, a 100 percent shareholder of Rifumo Consortium LTD. He informs you that Zongo Taza Zungu borrowed R1 000 000.00 (One million Rand) from his company. The parties agreed that Zongo Taza Zungu will use his shares in his company as a security. Mr Philip is uncertain whether shares in the company are part of the shareholder's estate or not. With reference to case law and other applicable principle advice Mr Philip whether he can have a claim against the company owned by Zongo Taza Zungu. (10)