Morrison and Sons (Pty) Ltd v Post Desk (Pty) Ltd (2023-123698)
Morrison and Sons (Pty) Ltd v Post Desk (Pty) Ltd (2023-123698) [2025] ZAGPPHC 341 (28 March 2025)
The applicant established, on a balance of probabilities, that the respondent is unable to pay its debts as envisaged by section 345 of the Companies Act, 1973. The applicant complied with all procedural requirements, including proper service of the statutory demand at the respondent's registered address. The respondent's opposition was based on unsubstantiated denials and lacked material particularity, failing to raise a bona fide dispute of fact. The respondent did not provide credible evidence of payment or solvency, and its technical objections regarding the case number were without merit…
Source excerpt
- Company Liquidation
- Commercial Insolvency
- Statutory Demand
- Cession Of Claim
- Provisional And Final Liquidation
- Service Of Process