Southern African Shipyards (Pty) Ltd v MFV "Polaris" and Others (AC42/2017; AC48/2017)
Southern African Shipyards (Pty) Ltd v MFV "Polaris" and Others (AC42/2017; AC48/2017) [2018] ZAWCHC 48; [2018] 3 All SA 219 (WCC); 2018 (5) SA 263 (WCC) (18 April 2018)
The High Court held that arrested maritime property remains ring-fenced under AJRA despite business rescue, authorised sale of the vessel and cargo, and refused condonation.
- Admiralty Jurisdiction Regulation Act
- Business Rescue Proceedings
- Stay Of Proceedings
- Sale Of Arrested Property
- Acknowledgement Of Debt
- Admiralty-jurisdiction