Kidrogen RF (Pty) Ltd v Erasmus and Others (18624/2022)
Kidrogen RF (Pty) Ltd v Erasmus and Others (18624/2022) [2023] ZAWCHC 140 (13 June 2023)
Section 8 of the Arbitration Act, 42 of 1965, is limited to arbitration agreements that refer future disputes to arbitration and does not apply to agreements referring existing, specifically defined disputes. The share sale agreements in question referred only existing disputes to arbitration, and the time-bar clause was negotiated at arm's length between parties of equal bargaining power. The applicant failed to comply with the thirty-day time-bar period and only took steps to pursue arbitration more than five months after the deadline. The arbitrator upheld the respondents' special plea, an…
Source excerpt
- Arbitration Time Bar
- Undue Hardship
- Arbitration Act Section 8
- Finality Of Arbitral Award
- Contractual Interpretation