Ferrostaal GmbH and Another v Transnet Soc Ltd t/a Transnet National Ports Authority and Another (1194/2019) [2021] ZASCA 62 (25 May 2021)

Flynote

Companies Act 71 of 2008 – business rescue proceedings - whether it was
just and reasonable to set aside a creditor’s vote against the adoption of a proposed
business rescue plan on the ground that its result was inappropriate. Held: there is no
justification for interfering with the discretion exercised by the high court – appeal
dismissed with costs


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