Khewija Engineering and Construction (Pty) Ltd v Van Den Steen NO and Another (12760/2021)
Khewija Engineering and Construction (Pty) Ltd v Van Den Steen NO and Another (12760/2021) [2023] ZAGPJHC 760 (4 July 2023)
The court found that Khewija failed to establish a prima facie case for a genuine counterclaim with reasonable prospects of success. The applicant's indebtedness to Group Five was confirmed by written undertakings and correspondence, and the counterclaim was only raised after repeated defaults and rejection of settlement proposals. Khewija did not comply with the contractual requirements for notifying defects and referring disputes for adjudication prior to arbitration. The application to uplift the statutory moratorium and stay the liquidation was not bona fide and would undermine the purpos…
Source excerpt
- Business Rescue Moratorium
- Stay Of Liquidation
- Arbitration Act Section 6
- Counterclaim In Liquidation
- Contractual Damages
- Companies Act Section 345