n Without Prejudice - Judgements start to flow : company law
|Article Title||Judgements start to flow : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Webber Wentzel|
|Publication Date||Nov 2011|
|Pages||20 - 21|
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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