Lebashe Investment Group (Pty) Ltd and Another v Coral Lagoon Investments 194 (Pty) Ltd and Others - Reasons (2023-060488)
Lebashe Investment Group (Pty) Ltd and Another v Coral Lagoon Investments 194 (Pty) Ltd and Others - Reasons (2023-060488) [2023] ZAGPJHC 275 (27 March 2023)
The court found that Lebashe failed to establish a prima facie right to interim relief staying the arbitration proceedings. The arbitrator was expressly empowered by the parties and AFSA rules to determine jurisdictional issues, including the interpretation and application of the restraint order. Errors of law or interpretation by the arbitrator do not constitute exceeding of powers or gross irregularity under section 33(1)(b) of the Arbitration Act. The curator was properly authorised under POCA and the restraint order to act on behalf of Ashbrook and Coral and appoint attorneys. The urgency…
Source excerpt
- Interim Interdict
- Arbitration Review
- Restraint Order
- Curator Powers
- Prima Facie Right