Klopper N.O and Another v Gupta (84095/2018)
Klopper N.O and Another v Gupta (84095/2018) [2020] ZAGPPHC 14 (7 February 2020)
The court found that compelling reasons exist for granting leave to appeal, including the considerable public interest in the matter, a legislative gap in the Companies Act regarding the appointment period for new business rescue practitioners, uncertainty about the status of business rescue proceedings if practitioners are not appointed, and conflicting decisions within the division on the issue of conflict of interest. The court determined that these factors justify the appeal being heard by the Supreme Court of Appeal.
Source excerpt
- Business Rescue Practitioners
- Conflict Of Interest
- Leave To Appeal
- Companies Act Section 139
- Public Interest
- Costs In The Appeal