Hudaco Trading (Pty) Ltd t/a Ambro Steel and Others v Ramothwala (JA18/2023)
Hudaco Trading (Pty) Ltd t/a Ambro Steel and Others v Ramothwala (JA18/2023) [2024] ZALAC 24; (2024) 45 ILJ 1987 (LAC) (26 April 2024)
The Labour Appeal Court held that the institution of review proceedings, even if defective or filed out of time, interrupts the running of prescription in respect of an arbitration award until those proceedings are finalized. The court rejected Hudaco's argument that a late review application without condonation is void ab initio and incapable of interrupting prescription. The court found that prescription could not run while review and appeal processes were pending, and the award remained enforceable. The court also clarified that interest payable is that prescribed for judgment debts, not t…
Source excerpt
- Prescription Of Arbitration Award
- Review Application
- Condonation
- Security For Review
- Interest On Award