Commissioner for the South African Revenue Service ('SARS') v Zikhulise Cleaning Maintenance and Transport CC; Mpisane v Zikhulise Cleaning Maintenance and Transport CC and Another (14886/2016; 18101/2016) [2017] ZAGPPHC 1248 (2 November 2017)

Commissioner for the South African Revenue Service ('SARS') v Zikhulise Cleaning Maintenance and Transport CC; Mpisane v Zikhulise Cleaning Maintenance and Transport CC and Another (14886/2016; 18101/2016) [2017] ZAGPPHC 1248 (2 November 2017)

The court found that the business rescue application brought by Ms Mpisane was not supported by sufficient evidence to demonstrate a reasonable prospect of rescuing ZCMT. The supplementary financial statements did not establish that the company could be restored to solvency or that business rescue would achieve a...

Source-derived case information.

Citation
[2017] ZAGPPHC 1248
Parties
Applicant: Commissioner for the South African Revenue Service ('SARS'); Respondent: Zikhulise Cleaning Maintenance and Transport CC; Applicant: Mabongi Flora-Junior Mpisane
Court
North Gauteng High Court, Pretoria
Jurisdiction
South Africa
Case Number
14886/2016; 18101/2016
Procedural Posture
Business Rescue Application / Judgment
Outcome
Business rescue and review applications dismissed; provisional liquidation of ZCMT granted.
Judges
Ranchod
Legal Topics
Business Rescue, Winding Up, Locus Standi, Deferred Payment Arrangement
Commercial and Corporate Civil Procedure Business Rescue Winding Up Locus Standi Deferred Payment Arrangement

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Parties

Commissioner for the South African Revenue Service ('SARS')

Applicant

Zikhulise Cleaning Maintenance and Transport CC

Respondent

Mabongi Flora-Junior Mpisane

Applicant

Procedural Posture

Business Rescue Application / Judgment

  1. 1 Whether Zikhulise Cleaning Maintenance and Transport CC should be placed under business rescue proceedings.
  2. 2 Whether the provisional liquidation of Zikhulise Cleaning Maintenance and Transport CC should be granted.
  3. 3 Whether Ms Mpisane had locus standi to bring a review application in her own name.

Ratio Decidendi

The court found that the business rescue application brought by Ms Mpisane was not supported by sufficient evidence to demonstrate a reasonable prospect of rescuing ZCMT. The supplementary financial statements did not establish that the company could be restored to solvency or that business rescue would achieve a better outcome for creditors than liquidation. The review application was dismissed on the basis that Ms Mpisane lacked locus standi to bring it in her own name; only ZCMT could do so. SARS's application for provisional liquidation was granted, as the facts and financial position of ZCMT justified such relief. The court exercised its discretion under section 131(4)(b) of the...

Court Disposition

Business rescue and review applications dismissed; provisional liquidation of ZCMT granted.

Orders

  • The business rescue application by Ms Mpisane is dismissed.
  • The review application is dismissed for lack of locus standi.