Lafrica Mining (Pty) Ltd and Another v Sightful Coal (1750/2022)
Lafrica Mining (Pty) Ltd and Another v Sightful Coal (1750/2022) [2025] ZAMPMHC 26 (15 May 2025)
The court found that the applicants failed to establish that the respondent is indebted to them. The evidence showed that the agreement and payments were made between the respondent and Inzuzu Trading and Investment Coal, not the applicants. The respondent's opposition was supported by bona fide and reasonable grounds, and the existence of the alleged debt was genuinely disputed. The admissions made by Mokholo, a former director, were properly withdrawn, and the facts presented by the respondent were accepted. The court applied the Plascon-Evans rule and concluded that it would not be just an…
Source excerpt
- Winding Up Of Company
- Just And Equitable Ground
- Bona Fide Dispute Of Indebtedness
- Joint Venture Agreement
- Authority To Represent
- Costs Order