begin wrapper
begin container
begin header
begin slogan-floater
end slogan-floater
- About SAFLII
About SAFLII
- Databases
Databases
- Search
Search
- Terms of Use
Terms of Use
- RSS Feeds
RSS Feeds
end header
begin main
begin center
# South Africa: South Gauteng High Court, Johannesburg
South Africa: South Gauteng High Court, Johannesburg
You are here:
SAFLII
>>
Databases
>>
South Africa: South Gauteng High Court, Johannesburg
>>
2025
>>
[2025] ZAGPJHC 317
|
Noteup
|
LawCite
sino index
## Rohlig-Grindrod (Pty) Ltd vs Selemo Valley Farms (Pty) Ltd and Another (2023/115519; 2024/020392)
[2025] ZAGPJHC 317 (24 March 2025)
Rohlig-Grindrod (Pty) Ltd vs Selemo Valley Farms (Pty) Ltd and Another (2023/115519; 2024/020392)
[2025] ZAGPJHC 317 (24 March 2025)
Download original files
PDF format
RTF format
make_database: source=/home/saflii//raw/ZAGPJHC/Data/2025_317.html
sino date 24 March 2025
IN THE HIGH COURT OF
SOUTH AFRICA
GAUTENG DIVISION,
JOHANNESBURG
Case numbers:
2023-115519
Date of hearing: 27
February 2025
Date delivered: 24
March 2025
(1)
REPORTABLE: YES/NO
(2)
OF INTEREST TO OTHERS JUDGES: YES/NO
(3)
REVISED
In
the application of:
RÖHLIG-GRINDROD
(PTY) LTD
Applicant
and
SELEMO VALLEY FARMS
(PTY) LTD
Respondent
DEKKER CHRYSANTEN
SOUTH AFRICA
(PTY)
LTD
Intervening Party
In the action between:
Case number:
2024-020392
RÖHLIG-GRINDROD
(PTY) LTD
Plaintiff
and
SELEMO VALLEY FARMS
(PTY) LTD
First Defendant
SURAJ
LALLCHAND
Second Defendant
This order is made an
order of court by the Judge whose name is reflected herein, duly
stamped by the Registrar of Court, and is
submitted to the parties or
their legal representative by email. This order is further uploaded
to the electronic file of CaseLines
by the Judge or his Registrar.
The date of this order is deemed to be 24 March 2025.
JUDGMENT
SWANEPOEL
J
:
[1] The
applicant seeks the winding-up of the respondent under case no.
2023/115519. It also seeks summary judgment
against the respondent
and its surety, jointly and severally, under case no. 2024-020329.
The applicant says that it is owed R
1 513 981.54 for customs and
clearing services rendered to the respondent. The intervening party
sought leave to intervene in the
winding up proceedings, and it also
sought the winding-up of the respondent. The intervening party
alleged that it was owed R 1
846 926.94 by the respondent for flower
cuttings that it supplied to the respondent over a period of time.
After judgment was reserved
the intervening party and the respondent
settled the matter. They have presented me with a settlement
agreement in terms of which
the respondent is to pay a reduced amount
in instalments, and they have asked that the settlement agreement be
made an order of
court. I will deal with this request hereunder.
[2] On 7 February
2025 the Deputy Judge President directed that the summary judgment
application, the intervention application,
and the winding up
applications be heard simultaneously by the same judge. In this
judgment I shall, firstly, deal with the
intervention application. I
shall then deal with the respondent’s application to supplement
its papers, then with the application
for summary judgment by the
applicant (as the defences in the summary judgment application
dovetail with the defences raised by
the respondent in the winding up
application of the applicant). Finally, I will deal with the winding
up application itself.
APPLICATION TO
INTERVENE
[3] The applicant’s
case is premised on the respondent’s alleged inability to pay
its debts within the meaning
of section 344 (f) read with section 345
(1) (c) of the Companies Act, 1973 (“the Act”). It is
common cause that the
applicant rendered customs clearing and freight
services on behalf of the respondent for the export of crops and
flower stems.
The applicant alleges that the respondent effected
partial payment of one of ten invoices that the applicant rendered to
the respondent.
On 24 August 2023 the applicant delivered a demand to
the respondent in terms of section 345 of the Act. Notwithstanding
the expiry
of three weeks after demand, the balance of the debt
remains unpaid, and, says the applicant, the respondent is therefore
deemed
to not be able to pay its debt.
[4] The intervening
party’s case was based on similar facts. It also sought the
respondent’s winding up in terms
of section 344 (f) read with
section 345 of the Act. It alleged that it had sold flower cuttings
to the respondent. The respondent
allegedly fell into arrears with
payment for the goods, and on 29 October 2023 the intervening party
delivered a notice in terms
of section 345 of the Act to the
respondent. Notwithstanding delivery of the notice, as at the date on
which this matter was heard,
payment had not yet been made to the
intervening party.
[5] The intervening
party sought an order in terms of rule 12 of the Uniform Rules, which
reads:
“
Any
person entitled to join as a plaintiff or liable to be joined as a
defendant in any action may, on notice to all parties, at
any stage
of the proceedings apply for leave to intervene as a plaintiff or a
defendant. The court may upon such application make
such order,
including an order as to costs, and give such directions as to
further procedure in the action as to it may deem meet.”
[6]
The principles underpinning an application for intervention were
spelt out in
Peermont
Global (KZN) (Pty) Ltd v Afrisun KZN (Pty) Ltd t/a Sibaya Casino and
Entertainment Kingdoms and others and a related matter
[1]
:
[6.1] The
intervening party must have a direct and substantial interest in the
right that is the subject matter of the
application;
[6.2] The
allegations made by the intervening party must constitute a prima
facie case or defence;
[6.3] The
application must be made seriously and not frivolously.
[7] In my view, the
intervening party showed that it had a direct and substantial
interest in the winding up of the respondent,
and that its case, if
found to be proven, would have entitled it to succeed. For that
reason I granted the intervening party leave
to intervene. It is not
necessary to say more on the intervention application in light of the
settlement agreement between the
intervening party and the
respondent.
THE APPLICATION TO
SUPPLEMENT
[8] On the day
before this application was to be heard the respondent delivered an
application that it styled “affidavit
to replying affidavit”,
evidently a rebutting affidavit to the intervening party’s
replying affidavit. In the affidavit
the respondent lamented the
alleged onus allegedly placed on it by the intervening party to prove
its solvency. The respondent’s
affidavit aimed to prove that
the respondent has current assets of R 70 079 226, as against
liabilities of “a mere”
R 68 520 000. The respondent
attached annual financial statements for the year ended 31 May 2024
to support its claim that it is
solvent.
[9] Although the
relevance of the affidavit to the winding up application was, in my
view, questionable, I took into consideration
that this is a status
matter of extreme importance to the parties, and that it is in the
interests of justice that the facts be
fully ventilated. I
consequently allowed the affidavit into evidence.
THE APPLICATION FOR
SUMMARY JUDGMENT
[10] The applicant
(the plaintiff in the summary judgment application) alleges that on 9
May 2022 the respondent (the first
defendant), represented by the
second defendant in the action, to whom I will refer as Mr.
Lallchand, applied for a credit facility
by completing a Business
Credit Application Form. It alleges that upon the applicant accepting
the application, an agreement was
concluded that comprised of the
Business Credit Application Form, a deed of suretyship by which Mr.
Lallchand bound himself as
surety and co-principal debtor with the
respondent, the applicant’s Trading Terms and Conditions, and a
letter from the applicant
granting an increased credit facility.
[11] The applicant
alleges that it rendered customs clearing and forwarding services to
the respondent, in accordance with
the agreement, in the period
between December 2022 and January 2023. It delivered ten invoices to
the respondent in respect of
the services. The respondent has paid R
53 456.48 to the applicant, and, says the applicant, R 1 513 981.54
remains unpaid.
[12] The respondent
delivered a plea in which the following averments were made:
[12.1] The
respondent denied that the application for a credit facility
constituted an agreement, and it said that no
acceptance of the
application by the applicant was evident from the document itself.
[12.2] Mr.
Lallchand denied having applied for a credit facility, but, if it
were to be determined that an agreement
had come into being, then Mr.
Lallchand pleaded that he had merely represented the respondent, and
had not bound himself as surety.
[12.4] Mr.
Lallchand denied ever having been given a copy of the different
documents that comprise the agreement, and
he consequently denied
understanding the terms thereof.
[13] As far as the
suretyship itself is concerned, it was pleaded that the document does
not comply with the formalities provided
for in section 6 of the
General Law Amendment Act, 50 of 1956. The document was deficient, it
was alleged, as it did not identify
either the creditor, the
principal debtor nor the surety, and it did not specify the nature
and amount of the principal debt. The
respondent and Mr. Lallchand
also pleaded that the suretyship was bad in law as it identified Mr.
Lallchand as both surety and
co-principal debtor, which is allegedly
bad in law.
[14] In respect of
the merits of the claim itself, it was pleaded that the applicant had
ignored an instruction not to utilize
the services of Air France to
export goods to Europe, and that the respondent had suffered damages
of R 740 000 when the goods
were confiscated in France. The
respondent instituted a counter-claim for payment of the R 740 000 in
damages, plus a further consequential
loss of R 5 028 035 “due
to the reduction in 2022 export supply”, and R 255 424 for
payment towards shipping of the
goods, allegedly to the wrong
country.
[15] In its
affidavit opposing summary judgment the respondent raised the defence
of
lis alibi pendens
, alleging that the liquidation
proceedings was an attempt at debt enforcement under a different
guise. Therefore, the argument
went, the application for summary
judgment could not proceed at the same time.
[16]
Lis
alibi pendens
is a dilatory defence that applies when there are different
proceedings, between the same parties, for essentially the same
relief
arising from the same cause of action. In
Caesarstone
SDot-Yam Ltd v The World of Marble and Granite
[2]
the
court said:
“
[12]
Voet
said
that there are three requirements for a successful reliance on a plea
of
lis
pendens
.
They are that the litigation is between the same parties; that the
cause of action is the same; and, that the same relief is sought
in
both. In
Hassan
& another v Berrange NO
,
2012 (6) SA 329
(SCA)
Zulman
JA expressed these requirements in the following terms:
'Fundamental
to the plea of
lis alibi pendens
is the
requirement that the same plaintiff has instituted action against the
same defendant for the same thing arising out of the
same cause.'”
[17] In the summary
judgment application the applicant seeks payment of monies. In the
winding up application it seeks that
the respondent be liquidated.
Although the agreement is fundamental to both proceedings, in the
summary judgment the cause of action
is payment for services
rendered. The winding up application is based on the contention that
the respondent is unable to pay its
debts. The relief sought is not
the same in the two applications.
[18] In any event,
a defence of
lis alibi pendens
is merely a dilatory defence,
and a court has a discretion whether to uphold the defence or not. In
the circumstances of this case,
and for the reasons I set out
hereunder regarding the respondent’s financial situation, I
would not have exercised my discretion
in the respondent’s
favour.
[19] The second
point taken by the respondent is that there are numerous disputes of
fact that cannot be resolved on paper,
more especially, that the
respondent and Mr. Lallchand never agreed to enter into any agreement
with the applicant. Particularly,
they deny that the respondent ever
agreed to repay any credit facility advanced by the applicant. It is
therefore necessary to
consider the credit application that Mr.
Lallchand admits having signed.
[20] Mr. Lallchand
signed the credit application on 9 May 2022. At the top of the first
page of the credit application form
it is recorded that:
“
All
business is undertaken in terms of the Company’s Standard
Trading Terms and Conditions. A copy of the Company’s
Standard
Trading Terms and Conditions is available on request or at
www.rohlig.co.za
.”
[21] The credit
application form contains the following paragraph in bold print:
“
4.
All credit facilities shall be subject to the terms and conditions of
this credit application form which shall operate
in addition to the
terms on the reverse of the relevant sea transport document, as well
the Companies Standard Trading Terms and
Conditions, and tariffs, as
amended from time to time, copies of which are available on request.”
[22] The following
paragraph is in bold type, and is capitalized:
“
12.
IN ADDITION, THE SIGNATORY HERETO BINDS HIMSELF/HERSELF AS SURETY AND
CO-PRINCIPAL DEBTOR, ENTITLING THE COMPANY TO RECOVER
PAYMENT FROM
HIM/HER IN HIS/HER PERSONAL CAPACITY IN THE EVENT THAT THE APPLICANT
FAILS TO TIMEOUSLY PAY ANY AMOUNT DUE.”
[23] Immediately
above Mr. Lallchand’s signature is the following paragraph in
bold print:
“
17.
The applicant hereby accepts and agrees that all business is
undertaken in terms of the Company’s Standard Trading
Terms and
Conditions, which terms and conditions the applicant acknowledges
having read and understood. A copy of the Company’s
Standard
Trading Terms and Conditions is available on request or alternatively
at
www.rohlig.co.za
.”
[24] In the same
paragraph in which Mr. Lallchand signed the application, the
following is recorded in bold type:
“
I
sign this agreement in my personal capacity as surety and
co-principal debtor with the applicant.”
[25] Under Mr.
Lallchand’s signature, it states (and I quote exactly:
“
For
and on behalf of the applicant AND in my capacity as
surety
and co-principal debtor
.
[26] Below Mr.
Lallchand’s signature the application is signed by the
applicant and it is recorded that the application
was accepted by the
applicant on 7 June 2022.
[27] On 24 August
2022 the applicant wrote to the respondent confirming an increase in
the credit facility to R 8 million,
and it recorded that “
all
STC’s as per the credit application/contract signed on 9
th
May 2022 apply to this limit.”
[28] There is no
dispute that Mr. Lallchand signed the credit application form. There
is also no doubt that the applicant
accepted the application, and
that it performed in terms of the agreement that came into existence
upon such acceptance. The respondent
was specifically advised, in the
letter of 24 August 2022, that the Standard Terms and Conditions were
applicable to the agreement.
Given the above, I am of the view that
the respondent’s version, that it never intended to accept the
Standard Terms and
Conditions, is so far-fetched and untenable that
it can be rejected.
[29]
However, even if I am wrong on this, it is not necessary for a party
to an agreement to have actually read the terms
and conditions before
being bound thereby. All that is required of a contracting party that
seeks to rely on separate terms and
conditions, is that objectively
it made a reasonable attempt to bring the terms and conditions to the
other party’s attention.
As
was said in
Durban’s
Water Wonderland Pty Limited versus Botha
[3]
the
test is,
“
An
objective test based on the reasonableness of the steps taken by the
proferens to bring the terms to the attention of the
customer or
patron.”
[30] I am at a loss
to understand what additional steps the applicant might have taken to
bring the Standard Terms and Conditions
to the respondent’s
attention. Even if Mr. Lallchand did not have sight of the Standard
Terms and Conditions in advance of
signing the credit application,
there were repeated references in the application form to the fact
that the Standard Terms and
Conditions Applied to the transaction.
[31]
I find, therefore, that the Standard Terms and Conditions bind the
parties to the agreement. As far as the suretyship
is concerned, the
agreement, read in its totality, clearly identifies the creditor, the
debtor and the surety. With regard to the
submission that the
reference to Mr. Lallchand as surety and co-principal debtor renders
the suretyship bad in law, the Supreme
Court of Appeal has already
spoken. In
Liberty
Group Ltd v Illman
[4]
the Court held
[5]
:
“
[20]
It only remains to reiterate the position in our law. A surety and
co-principal debtor does not undertake a separate
independent
liability as a principal debtor; the addition of the words
‘co-principal debtor’ does not transform his
contract
into any other than one of suretyship. The surety does not become a
co-debtor with the principal debtor, nor does he become
a co-debtor
with any of the co-sureties and co-principal debtors, unless they
have agreed to that effect. The jurisprudence of
this court in
Kilroe-Daley
and
Neon
accordingly correctly reflects our law on this topic.”
[32] Having found
that the Standard Terms and Conditions apply to the relationship
between the parties, it is necessary to
analyze exactly what those
terms mean in the context of the case.
[33] The terms and
conditions apply to all and any business conducted by the applicant.
They contain a Shifren clause that
prohibits any variation of the
agreement other than in writing, and upon signature by an authorized
person on behalf of the applicant.
The applicant reserved the right
to enter into any contract with third parties in fulfillment of its
contractual obligations, as
it reasonably deemed necessary, for the
carriage of goods by any route.
[34]
In the event that a third party’s services were utilized to
provide the necessary services, the applicant was not
obliged to
obtain the respondent’s approval for the employment of the
third party.
[6]
The applicant
has no liability whatsoever arising from the carriage of goods.
[7]
All goods were deemed to have been received in good order unless the
applicant was notified otherwise within 3 days of the receipt
of the
goods of any damage thereto.
[8]
Instructions given to the applicant as to the transportation of goods
had to be in writing.
[9]
[35]
The applicant was entitled to decide the route taken for the carriage
of the goods.
[10]
All
transportation of goods was at the sole risk of the respondent, and
the respondent indemnified the applicant against any claims
for loss
or damage resulting from breach of contract or negligence of the
applicant or its employees.
[11]
The applicant was not liable for indirect or consequential loss.
[12]
[36] The result of
the aforesaid clauses is that the applicant had the discretion to
decide on the route of carriage, and
the airline by which the
goods were to be transported. It was indemnified against any claims
arising from the carriage of
the goods. The respondent’s
alleged claim for damages is therefore excluded by the contract, as
is its claim for consequential
damages.
[37] The respondent
has thus not raised a triable issue in the summary judgment, and
judgment must be granted against both
the respondent and the surety.
THE WINDING-UP
APPLICATION OF THE APPLICANT
[38] The respondent
does not dispute that the applicant rendered the services referred to
in the invoices. The respondent
does not, therefore, dispute that the
applicant is a creditor in an amount in excess of R 100, and that it
has
locus standi
to bring the application. It relies for its
defence on the contention that the applicant dispatched goods on Air
France for carriage
to Paris, when it should have known that the
goods may be seized due to France’s more onerous importation
regulations. The
respondent says that due to the applicant’s
breach of contract, it has a claim in reconvention for damages.
[39] I have already
held above that the respondent’s defences are precluded by the
terms of the contract, and that the
applicant has attracted no
liability for damages. The sole remaining question is whether the
applicant has proven that the respondent
is liable to be wound up by
virtue of section 344 (f), read with section 345 of the Act.
[40] Section 344
(f) provides that a company may be wound-up if it unable to pay its
debt as envisaged in section 345. Section
345 (1) (a) provides that a
company is deemed to be unable to pay its debts if-
“
(a)
a creditor, by cession or otherwise, to whom the company is indebted
in a sum of not less than one hundred rand
then due-
(i)
has served on the company, by leaving the
same at its registered office, a demand requiring the company to pay
the sum so due; or
(ii)
……
.
and the company or body
corporate has for three weeks thereafter neglected to pay the sum, or
to secure or compound for it to the
reasonable satisfaction of the
creditor; or…”
[41] The respondent
admits that the applicant delivered a notice in terms of section 345
to its registered office, and it
does not dispute that the debt
remains unpaid. Consequently, by virtue of the provisions of section
345 the respondent is deemed
to be unable to pay its debts.
[42]
In
Absa
Bank Ltd v Rhebokskloof (Pty) Ltd
[13]
it
was explained as follows:
“
The concept of
commercial insolvency as a ground for winding up a company is
eminently practical and commercially sensible. The
primary question
which a Court is called upon to answer in deciding whether or not a
company carrying on business should be wound
up as commercially
insolvent is whether or not it has liquid assets or readily
realisable assets available to meet its liabilities
as they fall due
to be met in the ordinary course of business and thereafter to be in
a position to carry on normal trading - in
other words, can the
company meet current demands on it and remain buoyant? It matters not
that the company's assets, fairly valued,
far exceed its liabilities:
once the Court finds that it cannot do this, it follows that it is
entitled to, and should, hold that
the company is unable to pay its
debts within the meaning of s 345(1)(c) as read with s 344(f) of the
Companies Act 61 of 1973
and is accordingly liable to be wound up. As
Caney J said in Rosenbach & Co (Pty) Ltd v Singh's Bazaar (Pty)
Ltd
1962 (4) SA 593
(D) at 59 7E-F:
'If the company is in
fact solvent, in the sense of its assets exceeding its liabilities,
this may or may not, depending upon the
circumstances, lead to a
refusal of a winding-up order; the circumstances particularly to be
taken into consideration against the
making of an order are such as
show that there are liquid assets or readily realisable assets
available out of which, or the proceeds
of which, the company is in
fact able to pay its debts.'”
[42] I have already
expressed my skepticism whether the facts set out in the
supplementary affidavit are relevant to the current
enquiry. I have
noted that the respondent says that its assets far exceed its
liabilities. However, even if the respondent has
assets in excess of
its liabilities, that does not mean that it is able to settle its
debts as they fall due, and it may be commercially
insolvent despite
owning substantial assets.
[43] In deciding
whether the respondent is in fact commercially insolvent, it is
important to consider the evidence provided
by the intervening party.
In my view, notwithstanding that the intervening party and the
respondent have settled the matter between
them, I am entitled to
consider the evidence in the intervening application, to determine
whether the respondent was able to settle
its debts as they fell due.
[44] The
intervening party says that it did business with the respondent from
approximately August 2022 onwards. By December
2022 the respondent
had already failed to meet its commitments, and the parties agreed on
a payment plan. At that stage the respondent
admitted to being more
than 60 days overdue for an amount of R 1.2 million.
[45] During July
2023 the respondent undertook to make weekly payments towards the
arrears in the sum of R 200 000. On 25
July 2023 Mr. Lallchand wrote:
“
Our
cash flow only allow for this payment to be done on Saturday morning,
once we’ve received from our customers.” (sic)
[46] The above
communication from Mr. Lallchand is an unequivocal acknowledgement
that the respondent was unable to settle
its debts as they fell due.
The intervening party threatened, on numerous occasions, to stop
supplying the respondent unless the
arrears were settled. During
August 2023 the respondent reneged on a promise to pay R 200 000 per
week towards the arrears, citing
maintenance problems on its farm,
and it only paid R 100 000. This payment was unacceptable to the
intervening party, and it threatened
to withhold deliveries unless
the respondent immediately paid R 300 000, presumably the next
instalment and the arrears of R 100
000.
[47] On 7 September
2023 Mr. Lallchand wrote to the intervening party seeking an
indulgence, and recording that:
“
Please
could you give us a few weeks to get back to this position- we do
have better inflows in the next 1-2 months as supply to
the UK
starts.
We do not want to miss
the Xmas peak supply, this will set us back even further- please
help- we will both be worse off if this
happens.”
[48] On the date
that the above letter was written the respondent owed the intervening
party R 1 374 005.32, and the intervening
party was demanding payment
of the entire amount, and a return to payment in full within 30 days.
[49] The
correspondence between the respondent and the intervening party
reflects a clear picture of a company in financial
distress. At the
same time as the respondent was indebted to the applicant, it was
admitting its inability to settle its debts
to the intervening party.
[50] For the first
time, in the answering affidavit, the respondent raised a familiar
defence to the intervening party’s
case: that it had suffered
damages due to the intervening party’s alleged breach of the
agreement by providing defective
flower cuttings. The respondent made
this allegation in answer despite having failed to mention its
alleged losses previously,
and after trying to reach a compromise
with the intervening party on its debt long after the alleged damages
were allegedly suffered.
In my view the respondent was simply
dissimulating in order to escape the consequences of the winding up
application.
[51] I am of the
view, therefore, that despite its alleged extensive assets, the
respondent was clearly unable to settle its
debts as they fall due. I
am fortified in this view by the fact that the respondent is still
not able to settle its debt to the
intervening party, but is reliant
on a settlement agreement to pay a portion of the debt in
instalments.
[52] The
applicant’s application must succeed. The question that remains
is what I must do about the request by the
intervening party and the
respondent that I should make the settlement agreement an agreement
of court.
[53] It must be
clear from the above that I intend to grant the application. In doing
so, a
concursus creditorum
is established, and I cannot make
the settlement agreement an order of court.
[54] I make the
following order:
UNDER
CASE NUMBER: 2024-020329:
[54.1] The defendants
shall pay the applicant R 1 513 981.54, jointly and severally, the
one paying the other to be absolved;
[54.2] The defendants
shall pay the costs of the action jointly and severally, the one
paying the other to be absolved, on Scale
C.
UNDER CASE NUMBER
2023-115519:
[54.3] The respondent
is provisionally wound-up in the hands of the Master of the High
Court, Johannesburg.
[54.2] All persons who
have an interest herein are called upon to show reasons, on 30 April
2025, at 10h00 or so soon thereafter
as the matter may be heard, why
this order should not be made final;
[54.3] A copy of this
order shall forthwith be served:
[54.3.1]
On the respondent at its registered office;
[54.3.2]
On the respondent’s employees at the respondent’s place
of business;
[54.3.3]
On the South African Revenue Services;
[54.3.4]
By publication once in the Government Gazette and in the Beeld
newspaper;
[54.3.5]
By registered mail on the respondent’s known creditors.
[54.4] Costs of the
application, including the costs of the Intervening party, shall be
costs in the winding-up, on Scale C.
SWANEPOEL J
JUDGE OF THE HIGH
COURT
GAUTENG DIVISION
PRETORIA
Counsel for the
applicant: Adv. M. Meyerowitz
Instructed by:
Prinsloo Inc.
Counsel for the
Intervening party: Adv. J Stroebel
Instructed by: Roodt &
Co. Attorneys
Counsel for the
respondent: Adv. X Van Niekerk
Instructed by: LDV
Attorneys Inc.
Date heard: 27
February 2025
Date of judgment: 24
March 2025
[1]
Peermont
Global (KZN) (Pty) Ltd v Afrisun KZN (Pty) Ltd t/a Sibaya Casino and
Entertainment Kingdoms and others and a related
matter
[2020] 4 ALL
SA 226
(KZP)
[2]
Caesarstone
SDot-Yam Ltd v The World of Marble and Granite
2013 (6) SA 499
(SCA); [2013] 4 ALL SA 509 (SCA)
[3]
Durban’s
Water Wonderland (Pty) Ltd
1991
(1) SA 982 (A)
[4]
Liberty
Group Ltd v Illman
2020 (5) SA 397 (SCA)
[5]
At
para [20]
[6]
Clause
6
[7]
Clause
7.3
[8]
Clause
8.6
[9]
Clause
9.3 and 9.4
[10]
Clause
10.1.2
[11]
Clause
30.1 and 30.4; Clause 31
[12]
Clause
30.3
[13]
Absa
Bank Ltd v Rhebokskloof (Pty) Ltd
1993 (4) SA 436
(CPD) at 440 F
sino noindex
make_database footer start