n Without Prejudice - Judgements start to flow : company law

Volume 11, Issue 10
  • ISSN : 1681-178X



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

  1. the company to be placed under supervision in terms of the provisions of s131(4)(a) of the new Companies Act; and
  2. 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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