Case Law[2025] ZAGPJHC 1123South Africa
ABSA Bank Ltd v Nubian Touch (Pty) Ltd (2023/11660) [2025] ZAGPJHC 1123 (5 November 2025)
High Court of South Africa (Gauteng Division, Johannesburg)
5 November 2025
Judgment
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# South Africa: South Gauteng High Court, Johannesburg
South Africa: South Gauteng High Court, Johannesburg
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## ABSA Bank Ltd v Nubian Touch (Pty) Ltd (2023/11660) [2025] ZAGPJHC 1123 (5 November 2025)
ABSA Bank Ltd v Nubian Touch (Pty) Ltd (2023/11660) [2025] ZAGPJHC 1123 (5 November 2025)
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sino date 5 November 2025
REPUBLIC
OF SOUTH AFRICA
IN
THE HIGH COURT OF SOUTH AFRICA
GAUTENG
LOCAL DIVISION, JOHANNESBURG
Case Number:
2023-11660
(1)
REPORTABLE:
YES
/ NO
(2)
OF INTEREST TO OTHER JUDGES:
YES
/NO
(3)
REVISED: YES/
NO
5 November 2025
In
the matter between:
ABSA
BANK
LTD
APPLICANT
and
NUBIAN
TOUCH (PTY) LTD
RESPONDENT
JUDGMENT
JOHANN
GAUTSCHI, AJ
[1]
The Applicant seeks an order for the final
winding up of the respondent. Today is the return day of
provisional winding up
order which was granted on 30 April 2025 in
the absence of any appearance by the Respondent or the Respondent’s
attorneys
or counsel.
[2]
Yesterday, 4 November 2025, Ms Mpho
Clementine Mathope, the sole director of the Respondent filed an
application for condonation
of the late filing of a notice to oppose
the final liquidation of the Respondent. Her application for
condonation was in
the form of an affidavit in which she explained
that the reason for the delay was her impression, based on the advice
of the Respondent’s
former attorney of record, that “
the
matter could be resolved commercially without the need to incur
further litigation costs
” and
that “
engaging with the Applicant
directly and continuing efforts to regularise the account would be
the most prudent course of action
in support of the Respondent’s
financial recover
y.”. She further
explained that due to the Respondent’s precarious financial
position “
the Respondent lacked
the means to properly brief attorneys and obtain the necessary
supporting documentation for a comprehensive
opposition
”.
[3]
The remainder of her affidavit describes
health issues and hospitalisation which she had experienced and
submits that a three-month
indulgence should be granted to
“
facilitate investor access to the
property
”, “
secure
investments or a funded offe
r”
and “
satisfy creditors in a manner
that preserves – rather than destroys – value
”.
It concludes with a request that the Respondent be “
given
an opportunity to either sell at market related value or to conclude
an investment opportunity that will be beneficial to
all Creditors.
”.
[4]
Ms Mathope also filed a second affidavit
which essentially repeats the contents of her above-mentioned
application for condonation.
[5]
Ms
Mathope appeared in person in the office of my Court secretary for
this application which was heard virtually on Microsoft Teams.
I allowed Ms Mathope to appear and make submissions initially in
support of her application for condonation and, after I dismissed
the
application, also as to any reasons why a final order should not be
granted. I did so on the basis that as a director
of the
Respondent she had an interest in opposing the grant of a final
winding-up order.
[1]
[6]
There is no substance in the application
for condonation and no merit in seeking the indulgence sought.
The three-month indulgence
sought amounts to no more than a plea
ad
misericordiam
. As pointed out by
counsel for the Applicant, the Respondent had not in its answering
affidavit opposing the provisional
winding up order disputed the
debts owed to the applicant, nor had it disputed that the Respondent
is insolvent. Also at
this stage Ms Mathope’s application
for condonation did not dispute the debts owed by the Respondent to
the Applicant nor
did she dispute that the Respondent is insolvent.
In the circumstances I dismissed the application for condonation.
[7]
I then gave Ms Mathope, as sole director of
the Respondent and thus an interested party, an opportunity to make
further submissions
as to why a final winding up order should not be
granted. Ms Mathope still did not dispute the debts owed by the
Respondent
to the Applicant, nor did she dispute that the Respondent
is insolvent.
[8]
The Applicant filed a service affidavit
deposed to by an attorney who is a director of the Applicant’s
attorney of record.
It describes, with supporting annexures,
that the service requirements of the provisional winding up order
rule nisi had been complied
with. In addition, the practice
note filed by counsel for the Applicant set out all the issues which
are common cause, cross-referenced
to the relevant paragraphs in the
answering affidavit which had been filed by the Respondent in
opposition to the application for
provisional winding-up.
[9]
In the premises I am satisfied that the
requirements for the granting of a final winding-up order have been
satisfied and that a
final winding-up order should be granted.
ORDER:
[1]
The Respondent is placed into final
winding-up in the hands of the Master of the High Court.
[2]
Consequent upon the granting of the relief
referred to in paragraph 1 above, the Master of the above Honourable
Court is directed
and authorised to forthwith take such steps as are
necessary to appoint a liquidator in respect of the winding-up of the
Respondent.
[3]
The costs of this application and of the
application for provisional winding-up are to be costs in the winding
up proceedings.
Johann Gautschi
ACTING JUDGE OF THE
HIGH COURT
JOHANNESBURG
For
the Applicant: Adv K Mitchell
Instructed
by: Tim du Toit Inc. (charmaine@timdutoit.co.za)
(011-274
9800)
For
the Respondent: No appearance.
Appearance
by interested party in person:
Ms Mpho Clementine
Mathope, sole director of the Respondent
(No
contact details provided)
Date
of hearing: 5 November 2025
Date
of Judgment: 5 November 2025
[1]
Absa Bank Ltd v Rhebokskloof (Pty) Ltd and Others1993 (4) SA 436 (C)
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