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South Africa Case Law

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Commercial And Corporate [2022] ZASCA 185

Vantage Goldfields SA (Pty) Ltd and Others v Arqomanzi (Pty) Ltd (1302/2021; 1272/2021)

Vantage Goldfields SA (Pty) Ltd and Others v Arqomanzi (Pty) Ltd (1302/2021; 1272/2021) [2022] ZASCA 185; 2023 (4) SA 568 (SCA) (22 December 2022)

The SCA held that adopted business rescue plans cannot be unilaterally amended by practitioners. It set aside declaratory relief not sought, but upheld the interdict and costs order.

  • Business Rescue
  • Unilateral Amendment Of Business Rescue Plan
  • Declaratory Orders
  • Costs Liability
  • Creditor Rights
  • Business-rescue
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