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n Without Prejudice - Judgements start to flow : company law
In a judgement handed down in the Gauteng High Court on May 20 the Applicant, a director and shareholder in Beagles Run Investments 25 (Pty) Ltd, applied for
- the company to be placed under supervision in terms of the provisions of s131(4)(a) of the new Companies Act; and
- the commencement of business rescue proceedings and the appointment of an interim practitioner in terms of s131(5) of the same act.
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