MEC, Department of Economic Development and Tourism v Naidu and Others (D735/21)
MEC, Department of Economic Development and Tourism v Naidu and Others (D735/21) [2021] ZALCD 81 (10 December 2021)
The court found that the applicant had made out a case for the stay of enforcement of the arbitration award pending the finalization of the review application. The applicant demonstrated that irreparable harm would result if forced to pay the award before the review is decided, as recovery from the first respondent may be impossible. The court accepted that the applicant's financial affairs are regulated by the PFMA and that its budget is sufficient to meet any obligations arising from the award. The irregular expenditure cited by the respondent was not significant compared to the department'…
Source excerpt
- Stay Of Enforcement
- Furnishing Of Security
- Review Of Arbitration Award
- Public Finance Management Act
- Retrospective Reinstatement