Mazars Recovery & Restructuring (Pty) Ltd and Others v Montic Dairy (Pty) Ltd (in liquidation) and Othrs (526/2021) [2022] ZASCA 135 (13 October 2022)

Jurisdiction
South Africa
Citation
Mazars Recovery & Restructuring (Pty) Ltd and Others v Montic Dairy (Pty) Ltd (in liquidation) and Othrs (526/2021) [2022] ZASCA 135 (13 October 2022)
Media Neutral Citation
[2022] ZASCA 135
Hearing date
12 September 2022
Court
Supreme Court of Appeal of South Africa
Case number
526/2021
Judges
Hughes JA, Chetty AJA, Ponnan JA, Makgoka JA, Gorven JA
Judgment date
13 October 2022
Language
English
Type
Judgment
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Flynote

Company Law – business rescue – whether payments made to the business rescue practitioners after the conversion of business rescue proceedings to liquidation proceedings are void in terms of s 341(2) read with s 348 of the Companies Act 61 of 1973.

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