Judgment: Caratco v Independent Advisory
March 2020
Judgment: Case No: 982/18
On 17 January 2020 Airlink approached the High Court on an urgent basis for the following relief:
The question before the SCA was whether a special fee for a BRP outside the scope of Section 143 is prohibited. The special fee was agreed by the BRP and a creditor of the company in business rescue. In deciding the issue the Court inter alia considered the duties of a BRP set out in Sections 75 and 76 and dismissed the appeal with costs.
This judgment was kindly sent to us by Haroon Laher.