Tag: Companies Act 139

Business rescue practitioners: No conflict of interest

Oakbay Investments (Pty) Ltd v Tegeta Exploration and Resources (Pty) Ltd Considering possible conflict of interest by business rescue practitioners SCA stated that “An examination of the sub-sections of s 139(2) reveals...

Read More

Business rescue practitioners: No grounds for removal

Knoop NO v Gupta (Tayob Intervening) SCA confirmed two general principles that apply to removal of business rescue practitioners (BRPs) and confirmed that it is not something to be ordered lightly and that the primary reason...

Read More