Interesting Judgment: R Ragavan & Other vs Optimum Coal Terminal & Others
03 March 2022
Please find below a judgment by Victor J, the judgment inter alia deals with the tension between directors, who want to remain in control of this company in business rescue, and the appointed business rescue practitioners who must comply with their duties in terms of their statutory powers contained in Chapter 6 of the Companies Act.
Kindly sent to us by Bouwer van Niekerk of Smit Sewgoolam Inc.
Judgment: R Ragavan & Others v Optimum Coal Terminal & Others. Case: 52832/2021
Take care
René Bekker
Chief Operating Officer