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

Citation: Ferrostaal GmbH and Another v Transnet Soc Ltd t/a Transnet National Ports Authority and Another (1194/2019) [2021] ZASCA 62 (25 May 2021)
Media Neutral Citation: [2021] ZASCA 62
Hearing date: 17 March 2021
Court: Supreme Court of Appeal of South Africa
Case number: 1194/2019
Judges: Molemela JA, Dambuza JA, Mbatha JA, Gorven AJA, Goosen AJA
Judgment date: 25 May 2021
Language: English
Type: Judgment
Media summary: Download PDF (134.7 KB)

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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