Case Law[2025] ZAGPJHC 789South Africa
Eskom Rotek Industries Soc Ltd v GEO-X (Pty) Ltd (21/41489) [2025] ZAGPJHC 789 (12 August 2025)
High Court of South Africa (Gauteng Division, Johannesburg)
12 August 2025
Headnotes
[2] The respondent was placed under supervision and into business rescue on 28 February 2024 (“the business rescue judgment”). The application was made in terms of section 131 of the Companies Act No. 71 of 2008 (as amended) (“the Act”).
Judgment
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## Eskom Rotek Industries Soc Ltd v GEO-X (Pty) Ltd (21/41489) [2025] ZAGPJHC 789 (12 August 2025)
Eskom Rotek Industries Soc Ltd v GEO-X (Pty) Ltd (21/41489) [2025] ZAGPJHC 789 (12 August 2025)
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sino date 12 August 2025
IN
THE HIGH COURT OF SOUTH AFRICA
GAUTENG
DIVISION, JOHANNESBURG
CASE
NO
: 21/41489
(1)
REPORTABLE: NO
(2)
OF INTEREST TO OTHER JUDGES: NO
(3)
REVISED:
Date:
12 August 2025
In
the matter between:
ESKOM
ROTEK INDUSTRIES SOC LTD
Applicant
and
GEO-X
(PTY) LTD
Respondent
JUDGMENT
#
# M VAN
NIEUWENHUIZEN, AJ:
M VAN
NIEUWENHUIZEN, AJ
:
#
# [1] This is an
application in terms of Rule 47 of the Uniform Rules of Court to
compel the respondent to provide security
for costs in an amount of
R750 000,00, or in such amount to be determined by the
Registrar, within ten days of the order being
granted.
[1] This is an
application in terms of Rule 47 of the Uniform Rules of Court to
compel the respondent to provide security
for costs in an amount of
R750 000,00, or in such amount to be determined by the
Registrar, within ten days of the order being
granted.
SYNOPSIS
#
# [2] The respondent
was placed under supervision and into business rescue on 28 February
2024 (“the business rescue judgment”). The
application was made in terms of section 131 of the Companies Act No.
71 of 2008 (as amended) (“the Act”).
[2] The respondent
was placed under supervision and into business rescue on 28 February
2024 (“
the business rescue judgment”
). The
application was made in terms of section 131 of the Companies Act No.
71 of 2008 (as amended) (“
the Act”
).
#
# [3] The applicant
argues that the Court has thus determined that the respondent is
financially distressed as determined in
section 128(1)(f) of the Act.
[3] The applicant
argues that the Court has thus determined that the respondent is
financially distressed as determined in
section 128(1)(f) of the Act.
#
# [4] On the 29thof April 2024, the applicant served a Rule 47(1) notice on the
respondent, demanding that the respondent furnish security for the
applicant’s costs of the main action, which the respondent has
failed and/or refused to furnish. Accordingly, ten days have
lapsed
since the demand was made and the applicant thus launched the present
application in terms of Rule 47(3).
[4] On the 29
th
of April 2024, the applicant served a Rule 47(1) notice on the
respondent, demanding that the respondent furnish security for the
applicant’s costs of the main action, which the respondent has
failed and/or refused to furnish. Accordingly, ten days have
lapsed
since the demand was made and the applicant thus launched the present
application in terms of Rule 47(3).
#
# [5] The applicant
seeks an order directing the respondent to furnish security for the
applicant’s costs in the main
action instituted by the
respondent under the abovementioned case number, including the
applicant’s separated first special
plea, in the amount of
R750 000,00 (seven hundred and fifty thousand rand), or in such
amount as the Registrar is to determine.
In addition, that the action
is stayed pending the security for costs being furnished by the
respondent.
[5] The applicant
seeks an order directing the respondent to furnish security for the
applicant’s costs in the main
action instituted by the
respondent under the abovementioned case number, including the
applicant’s separated first special
plea, in the amount of
R750 000,00 (seven hundred and fifty thousand rand), or in such
amount as the Registrar is to determine.
In addition, that the action
is stayed pending the security for costs being furnished by the
respondent.
#
# [6] The applicant
contends that the respondent is impecunious and the action is
vexatious, reckless and an abuse of process.
The respondent is unable
to satisfy a costs order, when granted against it.
[6] The applicant
contends that the respondent is impecunious and the action is
vexatious, reckless and an abuse of process.
The respondent is unable
to satisfy a costs order, when granted against it.
#
# [7] The respondent
opposes the application and alleges the application is without
basis/merit.
[7] The respondent
opposes the application and alleges the application is without
basis/merit.
#
# [8] The respondent
submits that:
[8] The respondent
submits that:
## [8.1] The
applicant’s special plea was separated on the 11thof October 2023 but not set down. Instead, the above Rule 47(3)
application was issued.
[8.1] The
applicant’s special plea was separated on the 11
th
of October 2023 but not set down. Instead, the above Rule 47(3)
application was issued.
## [8.2] The
respondent is of the view that Rule 47 proceedings are legal
proceedings.
[8.2] The
respondent is of the view that Rule 47 proceedings are legal
proceedings.
## [8.3] The
respondent was placed under business rescue on 28 February 2024 and
the applicant argues that the moratorium in
terms of section 133 of
the Companies Act 71 of 2008 is not applicable because Rule 47 is not
legal proceedings.
[8.3] The
respondent was placed under business rescue on 28 February 2024 and
the applicant argues that the moratorium in
terms of section 133 of
the Companies Act 71 of 2008 is not applicable because Rule 47 is not
legal proceedings.
## [8.4] Various other
issues have been raised. The Court will however deal with the pointin limineas if this application is however legal proceedings
and subject to the section 133 moratorium, as the respondent submits
it is,
then this point will be dispositive of the application.
[8.4] Various other
issues have been raised. The Court will however deal with the point
in limine
as if this application is however legal proceedings
and subject to the section 133 moratorium, as the respondent submits
it is,
then this point will be dispositive of the application.
IN LIMINE
# [9] The respondent
was placed under business rescue on 28 February 2024 and the
applicant argues that the moratorium in terms
of section 133 of the
Act is not applicable. Section 133 of the Act reads as follows:
[9] The respondent
was placed under business rescue on 28 February 2024 and the
applicant argues that the moratorium in terms
of section 133 of the
Act is not applicable. Section 133 of the Act reads as follows:
“
133(1)
During business rescue proceedings, no legal proceeding, including
enforcement action, against the
company, or in relation to any
property belonging to the company, or lawfully in its possession, may
be commenced or proceeded
with in any forum, except –
(a)
with the written consent of the practitioner;
(b)
with the leave of the court and in accordance with any terms the
court considers suitable;
(c)
as a set-off against any claim made by the company in any legal
proceedings, irrespective of whether those proceedings commenced
before or after the business rescue proceedings began;
(d)
criminal proceedings against the company or any of its directors
or
officers;
(e)
proceedings concerning any property or right over which the company
exercises the powers of a trustee; or
(f)
proceedings by a regulatory authority in the execution of
its duties
after written notification to the business rescue practitioner.
…
(3)
If any right to commence proceedings or otherwise assert a
claim
against a company is subject to a time limit, the measurement of that
time must be suspended during the company’s business
rescue
proceedings.”
#
# [10] The applicant
does not have leave of the business rescue practitioner or of the
Honourable Court for this Rule 47(3)
application and it is not the
applicant’s case that one of the exceptions listed above
applies.
[10] The applicant
does not have leave of the business rescue practitioner or of the
Honourable Court for this Rule 47(3)
application and it is not the
applicant’s case that one of the exceptions listed above
applies.
#
# [11] The applicant
argues that this Rule 47(3) application is not legal proceedings and
therefore that this Court may make
an order.
[11] The applicant
argues that this Rule 47(3) application is not legal proceedings and
therefore that this Court may make
an order.
#
# [12] If this
application is however legal proceedings, as the respondent submits
it is, then this point will be dispositive
of the application.
[12] If this
application is however legal proceedings, as the respondent submits
it is, then this point will be dispositive
of the application.
The applicant’s
argument
#
# [13]InChetty
v Hart NO,[1]the Supreme Court of Appeal held that the provision must be broadly
interpreted to include arbitration proceedings.
[13]
In
Chetty
v Hart NO
,
[1]
the Supreme Court of Appeal held that the provision must be broadly
interpreted to include arbitration proceedings.
#
# [14]When
ascribing meaning to the respective words in legislation, the point
of departure is the meaning of the language itself.[2]
[14]
When
ascribing meaning to the respective words in legislation, the point
of departure is the meaning of the language itself.
[2]
#
# [15]The
applicant contends that incasu,
the claim for security is not proceedings of its own right, but is
“collateral
to and not directly affecting the main dispute between the litigants
… This relief to be effective if at all only
after judgment
…”.[3]
[15]
The
applicant contends that in
casu
,
the claim for security is not proceedings of its own right, but is
“
collateral
to and not directly affecting the main dispute between the litigants
… This relief to be effective if at all only
after judgment
…”.
[3]
#
# [16]The
applicant argues that as such, the application for security cannot be
“legal
proceedings”against
the respondent. It is simply incidental to the main proceedings, as
contemplated in Rule 6(11) of the Uniform Rules of Court,[4]which proceedings are instituted by the respondent against the
applicant. The proceedings are certainly not arbitration proceedings
whichChetty[5]decided is struck by section 133 of the Act.
[16]
The
applicant argues that as such, the application for security cannot be
“
legal
proceedings”
against
the respondent. It is simply incidental to the main proceedings, as
contemplated in Rule 6(11) of the Uniform Rules of Court,
[4]
which proceedings are instituted by the respondent against the
applicant. The proceedings are certainly not arbitration proceedings
which
Chetty
[5]
decided is struck by section 133 of the Act.
#
# [17] Enforcement
action is contemplated within what legal proceedings are. The
applicant argues that since the application
for security is not legal
proceedings, it also cannot be an enforcement action – the
larger (legal proceedings) encompasses
the smaller (enforcement
action). Furthermore, in an application for security for costs,
nothing is enforced.
[17] Enforcement
action is contemplated within what legal proceedings are. The
applicant argues that since the application
for security is not legal
proceedings, it also cannot be an enforcement action – the
larger (legal proceedings) encompasses
the smaller (enforcement
action). Furthermore, in an application for security for costs,
nothing is enforced.
#
# [18]The
applicant argues that what a security for costs application entails,
is the respondent, if ordered to do so, is to put up security,
which
may be in any form that may be determined appropriate. Security may
be given in the form of a bank, institutional or personal
guarantee
and may also be in the form of a guarantee over an immovable
property.[6]
[18]
The
applicant argues that what a security for costs application entails,
is the respondent, if ordered to do so, is to put up security,
which
may be in any form that may be determined appropriate. Security may
be given in the form of a bank, institutional or personal
guarantee
and may also be in the form of a guarantee over an immovable
property.
[6]
The respondent’s
argument
#
# [19] The respondent
argues that the application is on notice with three sets of
affidavits and this Court is asked to make
a ruling. The respondent
argued that it is difficult to understand the applicant’s
argument.
[19] The respondent
argues that the application is on notice with three sets of
affidavits and this Court is asked to make
a ruling. The respondent
argued that it is difficult to understand the applicant’s
argument.
#
# [20] The respondent
argues that the point of departure is that the respondent is under
business rescue as envisaged in section
128(1)(b) of the Act that
defines “business rescue”as proceedings to
facilitate the rehabilitation of a company that is financially
distressed by providing as follows:
[20] The respondent
argues that the point of departure is that the respondent is under
business rescue as envisaged in section
128(1)(b) of the Act that
defines “
business rescue”
as proceedings to
facilitate the rehabilitation of a company that is financially
distressed by providing as follows:
“
(i)
the temporary supervision of the company, and of the management
of
its affairs, business and property;
(ii)
a temporary moratorium on the rights of claimants against
the company
or in respect of property in its possession; and
(iii)
the development and implementation, if approved, of a plan to
rescue
the company …”
# [21] The respondent
submits that the temporary moratorium envisaged in section
128(1)(b)(ii) has been enacted by means of
section 133 of the Act. In
support of its contentions the respondent has referred to case law
set out hereunder.
[21] The respondent
submits that the temporary moratorium envisaged in section
128(1)(b)(ii) has been enacted by means of
section 133 of the Act. In
support of its contentions the respondent has referred to case law
set out hereunder.
#
# [22]The
meaning of “legal
proceedings”was
considered inMurray
NO and Another v Firstrand Bank Ltd t/a Wesbank:[7]
[22]
The
meaning of “
legal
proceedings”
was
considered in
Murray
NO and Another v Firstrand Bank Ltd t/a Wesbank
:
[7]
“
[30]
In Natal Joint Municipal Pension Fund v Endumeni
Municipality
2012
(4) SA 593
(SCA)
para 18, this court reiterated that the inevitable point of departure
in interpreting a statute is the language of the provision
itself,
read in context and having regard to the purpose of the provision and
the background to the preparation and production
of the document. It
should, however, be borne in mind that, if the words of the relevant
provision are unable to bear the meaning
contended for, then that
meaning is impermissible. See Firstrand Bank Ltd v Land and
Agricultural Development Bank of South
Africa
2015
(1) SA 38
(SCA)
para 27. It is also important to note that s 39(2) of the
Constitution, which compels an interpretation of legislative
provisions
in the light of the values enshrined in the Bill of
Rights, applies only where the language of the statute is not unduly
strained.
See South African Airways (Pty) Ltd v Aviation Union
of South Africa & others
2011
(3) SA 148
(SCA)
paras 25-26.
[31]
Section 133(1) of the Act places a moratorium on ‘legal
proceeding,
including enforcement action’. In the Afrikaans
text the reference is to ‘geregtelike stappe, insluitende
afdwingingsaksie’.
The Act does not contain a definition of
these terms. However, the term ‘legal proceeding’ is
well-known in South African
legal parlance and usually bears the
meaning of a lawsuit or ‘hofsaak’. …”
# [23]InTimasani
(Pty) Ltd (in business rescue) and Another v Afrimat Iron Ore (Pty)
Ltd:[8]
[23]
In
Timasani
(Pty) Ltd (in business rescue) and Another v Afrimat Iron Ore (Pty)
Ltd
:
[8]
“
[25]
Section 133 must be read as a whole: the different subsections of a
provision dealing with
the same subject matter must not be considered
in isolation but read together so as to ascertain the meaning of the
provision.
Section 133(1) is a
general moratorium provision that applies in relation to the assets
and liabilities of the company at the stage
when business rescue
comes into effect. It protects the company against legal action in
respect of claims in general, save with
the written consent of the
business rescue practitioner and failing such consent, with the leave
of the court. This Court has stated
the purpose of s 133(1) as
follows:
‘
It is generally
accepted that a moratorium on legal proceedings against a company
under business rescue is of cardinal importance
since it provides the
crucial breathing space or a period of respite to enable the company
to restructure its affairs. This allows
the practitioner, in
conjunction with the creditors and other affected parties, to
formulate a business rescue plan designed to
achieve the purpose of
the process.’”
#
# [24]The
Supreme Court of Appeal inErgomode
(Pty) Ltd v Jordaan NO and Others[9]found that “to
perfect security is legal proceedings”as
mentioned in the Act quoted herein.
[24]
The
Supreme Court of Appeal in
Ergomode
(Pty) Ltd v Jordaan NO and Others
[9]
found that “
to
perfect security is legal proceedings”
as
mentioned in the Act quoted herein.
“
[33]
Accordingly,
s 133 is meant to grant a company placed in business rescue a
moratorium to provide it, in popular parlance, with breathing
space
whilst every attempt is made to rescue the company in financial
distress, by designing and implementing a business rescue
plan.[
[10]
]
The
term ‘legal proceedings’ in s 133 include claims in
general, but also claims instituted, as in this instance, to
perfect
security. Consequently, Ergomode was, as a matter of law, obliged, as
a preliminary step, to seek leave of the BRPs or
of the court to
commence proceedings against Sakhile (in business rescue). This, it
failed to do. Instead, it heedlessly embarked
on legal proceedings
against Sakhile in the face of the unequivocal prohibition contained
in s 133(1) of the Act.”
#
# [25] The applicant
subsequently submits that this application is legal proceedings, and
section 133(1) of the Act applies
and accordingly that the
application should be dismissed with costs.
[25] The applicant
subsequently submits that this application is legal proceedings, and
section 133(1) of the Act applies
and accordingly that the
application should be dismissed with costs.
#
# EVALUATION
EVALUATION
#
# [26]Section
133 makes provision for a general moratorium (in some jurisdictions a
moratorium is known as a “stay”or “staying
of proceedings”)
on legal proceedings commenced or proceeded with, including any
enforcement action, against a company or in relation to any property
belonging to the company, or lawfully in its possession, while the
company is subject to business rescue proceedings.[11]
[26]
Section
133 makes provision for a general moratorium (in some jurisdictions a
moratorium is known as a “
stay”
or “
staying
of proceedings”
)
on legal proceedings commenced or proceeded with, including any
enforcement action, against a company or in relation to any property
belonging to the company, or lawfully in its possession, while the
company is subject to business rescue proceedings.
[11]
#
# [27]The
moratorium granted by this section is designed to provide the company
with a breathing space while the business rescue practitioner
attempts to rescue the company by designing and implementing a
business rescue plan.[12]This
is a crucial element of any corporate rescue mechanism, as it allows
the company sufficient breathing space to be able to
find a solution
to the financial problems it is experiencing at that time. It is a
personal, temporary benefit in favour of a company
undergoing
business rescue that cannot be utilised indefinitely to delay the
claims of creditors or result in the extinction of
their claims.[13]
[27]
The
moratorium granted by this section is designed to provide the company
with a breathing space while the business rescue practitioner
attempts to rescue the company by designing and implementing a
business rescue plan.
[12]
This
is a crucial element of any corporate rescue mechanism, as it allows
the company sufficient breathing space to be able to
find a solution
to the financial problems it is experiencing at that time. It is a
personal, temporary benefit in favour of a company
undergoing
business rescue that cannot be utilised indefinitely to delay the
claims of creditors or result in the extinction of
their claims.
[13]
#
# [28]It
is clear that the general moratorium created by this section is
temporary and applies only for the duration of the company’s
business rescue proceedings.[14]
[28]
It
is clear that the general moratorium created by this section is
temporary and applies only for the duration of the company’s
business rescue proceedings.
[14]
#
# [29]InInvestec
Bank Ltd v Bruyns[15]the Court described the moratorium granted by subsection (1) as a
general provision that affords the company protection against
legal
action on claims in general. Although no definition of the terms
“legal
proceeding”or “enforcement
action”is
provided in Chapter 6, it is clear that the intention of the
provision is to cast the net as wide as possible in order to include
any conceivable type of action against a company such as liquidation
proceedings.[16]
[29]
In
Investec
Bank Ltd v Bruyns
[15]
the Court described the moratorium granted by subsection (1) as a
general provision that affords the company protection against
legal
action on claims in general. Although no definition of the terms
“
legal
proceeding”
or “
enforcement
action”
is
provided in Chapter 6, it is clear that the intention of the
provision is to cast the net as wide as possible in order to include
any conceivable type of action against a company such as liquidation
proceedings.
[16]
#
# [30]TheChetty(a
quo)
case[17]was reversed on
appeal inChetty
t/a Nationwide Electrical v Hart NO and Another[18]on the basis that the phrase “legal
proceeding”may, depending on the context within which it is used, be interpreted
restrictively, to mean Court proceedings or more broadly,
to include
proceedings before other tribunals including arbitral tribunals.[19]In theChettySCA
case it wasinter
aliastated that the language employed in subsection (1) itself suggests
that a broader interpretation commends itself, an approach
with which
academic commentators concur.[20]
[30]
The
Chetty
(
a
quo
)
case
[17]
was reversed on
appeal in
Chetty
t/a Nationwide Electrical v Hart NO and Another
[18]
on the basis that the phrase “
legal
proceeding”
may, depending on the context within which it is used, be interpreted
restrictively, to mean Court proceedings or more broadly,
to include
proceedings before other tribunals including arbitral tribunals.
[19]
In the
Chetty
SCA
case it was
inter
alia
stated that the language employed in subsection (1) itself suggests
that a broader interpretation commends itself, an approach
with which
academic commentators concur.
[20]
“
[35]
To conclude this analysis, the phrase legal proceeding may, depending
on the context within which it is used, be interpreted restrictively,
to mean court proceedings or more broadly, to include proceedings
before other tribunals including arbitral tribunals. The language
employed in
s
133(1)
itself
suggests that a broader interpretation commends itself, an approach
with which academic commentators concur. Contextual
indications
in
s
142(3)
(b),
and the importance of reading these provisions consistently, also
support this interpretation. And finally, the purpose of
the
provision, which is to give breathing space to the practitioner to
get the company’s financial affairs in order, also
requires it
to be construed widely because arbitrations, like court proceedings
also involve diversion of resources – both
time and money –
that may hinder the effectiveness of business rescue proceedings. To
construe it narrowly, as the court
a quo did, and as the respondent
contends we should, would be at odds with its language, defeat its
purpose and lead to insensible
and impractical consequences.”
# [31] The purpose of
a moratorium is to protect the company (and its assets) and to give
it breathing space.
[31] The purpose of
a moratorium is to protect the company (and its assets) and to give
it breathing space.
#
# [32] I therefore
conclude that given the purpose of the moratorium designed at
providing “breathing space for the company in business
rescue”to restructure is subject to the moratorium as it
significantly impacts the company’s financial position (or
property). The
moratorium aims to provide the company in business
rescue with temporary protection from legal proceedings, allowing it
to focus
on restructuring and potentially avoiding liquidation.
[32] I therefore
conclude that given the purpose of the moratorium designed at
providing “
breathing space for the company in business
rescue”
to restructure is subject to the moratorium as it
significantly impacts the company’s financial position (or
property). The
moratorium aims to provide the company in business
rescue with temporary protection from legal proceedings, allowing it
to focus
on restructuring and potentially avoiding liquidation.
#
# [33] I further
conclude that Rule 47 proceedings are indeed legal proceedings. It
requires service on the other party/party’s
attorneys of record
and this Court (the High Court) is asked to make a ruling. This in
itself creates the incurrence of legal fees
necessitated in the
disposal of the matter, something which cannot but be construed as
something which is undesirable in the context
of section 133. It
involves diversion of resources – both time and money –
that may hinder the effectiveness of business
rescue proceedings.
[33] I further
conclude that Rule 47 proceedings are indeed legal proceedings. It
requires service on the other party/party’s
attorneys of record
and this Court (the High Court) is asked to make a ruling. This in
itself creates the incurrence of legal fees
necessitated in the
disposal of the matter, something which cannot but be construed as
something which is undesirable in the context
of section 133. It
involves diversion of resources – both time and money –
that may hinder the effectiveness of business
rescue proceedings.
#
# [34] Accordingly, I
find that the applicant should fail regarding the pointin limine.
[34] Accordingly, I
find that the applicant should fail regarding the point
in limine
.
ORDER
#
# [35] Accordingly, I
make the following order:
[35] Accordingly, I
make the following order:
## [35.1] The
application is dismissed.
[35.1] The
application is dismissed.
## [35.2] The
applicant is ordered to pay the costs of the application.
[35.2] The
applicant is ordered to pay the costs of the application.
##
## Van Nieuwenhuizen AJ
Van Nieuwenhuizen AJ
## Acting Judge of the
High Court
Acting Judge of the
High Court
## Johannesburg, Gauteng
Johannesburg, Gauteng
Delivered
:
This judgment was prepared and authored by the Presiding Officer
whose names are reflected and is handed down
electronically by
circulation to the Parties/their legal representatives by email and
by uploading it to the electronic file of
this matter on CaseLines.
The date for hand-down is deemed to be on 12 August 2025.
HEARD ON:
14 May 2025
DATE OF JUDGMENT:
12 August 2025
FOR APPLICANT:
Advocate M Desai
instructed by LnP Beyond Legal
FOR RESPONDENT:
Advocate R F De
Villiers instructed by Deneys Zeederberg Attorneys Inc
##
[1]
2015 JDR 1823 SCA at para 35
[2]
Natal
Joint Municipal Pension Fund v Endumeni Municipality
2012
(4) SA 593
(SCA) at para 18;
Novartis
v Maphil
2016
(1) SA 518
(SCA);
University
of Johannesburg v Auckland Park Theological Seminary and Another
2021
(6) SA 1
(CC) at para 64 and 65
[3]
Shepstone
& Wylie and Others v Geyser NO
1998
(3) SA 1036
(SCA)
[4]
With reference to the case of
Antares
(Pty) Ltd v Hammond
1977
(4) SA 29
(W) at 30D
[5]
Chetty
supra
[6]
Erasmus, The Superior Court Practice, RS22, 2023, D1, Rule
47-19
[7]
2015
(3) SA 438 (SCA)
[8]
(91/2020)
[2021] ZASCA 43
;
[2021] 3 All SA 843
(SCA) (13 April 2021)
[9]
(643/2022)
[2024] ZASCA 10
(29 January 2024)
[10]
Cloete
Murray and Another NNO v Firstrand Bank Ltd t/a Wesbank
supra
para
14
[11]
African
Bank Corporation of Botswana v Kariba Furniture Manufacturers (Pty)
Ltd and Others
2013
(6) SA 471
(GNP), para 6 (reversed on appeal on other grounds);
African
Bank Corporation of Botswana Ltd v Kariba Furniture Manufacturers
(Pty) Ltd and Others
2015
(5) SA 192 (SCA)
[12]
Cloete
Murray and Another NNO v Firstrand Bank Ltd t/a Wesbank
supra
para
14;
Southern
Value Consortium v Tresso Trading 102 (Pty) Ltd and Others
2016
(6) SA 501
(WCC);
2001
Management Services (Pty) Ltd and Another v Anappa
(88079/14)
[2016] ZAGPPHC 353 (20 May 2016), para 33;
Business
Partners Ltd v Tsakiroglou and Others
2016
(4) SA 390
(WCC), para 20
[13]
Timasani
(Pty) Ltd (in business rescue) and Another v Afrimat Iron Ore (Pty)
Ltd
[2021]
JOL 5006
3 (SCA);
[2001] 3 All SA 843
(SCA), para 28
[14]
Capitec
Bank Ltd v Ubuntu Family Health Centre Grayston (Pty) Ltd
(
2023/127918)
[2025] ZAGPJHC 126 (10 February 2025)
[15]
2012 (5) SA 430 (WCC)
[16]
Blue
Star Holdings (Pty) Ltd v Anappa
(88079/14)
[2016] ZAGPPHC 353 (20 May 2016), paras 40-41;
Chetty
t/a Nationwide Electrical v Hart NO and Another
2015
(4) All SA 401
(SCA), para 35 (with reference to arbitration
proceedings) and
Capitec
Bank Ltd v Ubuntu Family Health Centre Grayston (Pty) Ltd
(2023/127918)
[2025] ZAGPJHC 126 (10 February 2025), para 23
[17]
2014
JDR 0585 KZD
[18]
2015
(4) All SA 401 (SCA)
[19]
Also see
Cloete
Murray and Another NNO v Firstrand Bank Ltd t/a Wesbank
supra
para
40 in respect of tribunal
[20]
Chetty
t/a Nationwide Electrical v Hart NO and Another
supra
para 35;
Panamo
Properties (Pty) Ltd and Another v Nel NO and Others
(35/2014)
[2015] ZASCA 76
(27 May 2015), para 14
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