Judgments

Interesting Judgment: Moodley S v Adzam Trading 48 & Others

23 January 2023

Members,

Please find attached a judgment of Adams J handed down on the 19th of December 2022.

The Court set aside the resolution to commence business rescue as there had been no reasonable basis to believe that the company had been financially distressed.

Kindly sent to us by Gabriela Narotsky of Taitz & Skikne.

Take care
René Bekker
Chief Operating Officer

  Judgment: Moodley S v Adzam Trading 48 (Pty) Ltd & Others. Case no: 32779/2020

 

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