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Commercial And Corporate [2025] ZAFSHC 162

First Rand Bank Ltd and Another v Azrapart (Pty) Ltd and Another (4437/2024)

First Rand Bank Ltd and Another v Azrapart (Pty) Ltd and Another (4437/2024) [2025] ZAFSHC 162 (5 June 2025)

Court
Free State High Court, Bloemfontein
Case number
4437/2024
Judge
Loubser

The court placed Azrapart under business rescue after finding it financially distressed and unconvinced by claims of an imminent R2.6 billion Redcore funding injection.

  • Business Rescue
  • Financial Distress
  • Companies Act 71 Of 2008
  • Capital Injection
  • Security Enforcement
  • Business-rescue
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

Source links and collection timestamps are retained alongside the indexed records.