Arnold v EOH Managed Services PS (Pty) Ltd and Others (24877/2021)
Arnold v EOH Managed Services PS (Pty) Ltd and Others (24877/2021) [2023] ZAGPJHC 158 (7 February 2023)
The court found that its factual conclusions regarding the identity of the loan creditor were sound and supported by the evidence, including the financial statements and the application of the Plascon Evans rule. Even if another court might reach a different conclusion on the facts, the relief sought by the applicant was discretionary and would only be granted in exceptional circumstances or on good cause shown. The court held that there were formidable obstacles to the applicant persuading another court to exercise its discretion to set aside the previous order converting the winding up to a…
Source excerpt
- Leave To Appeal
- Prospects Of Success
- Discretionary Relief
- Winding Up Orders