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Law-Now 21 Feb 2025 · International

Landmark Judgment on the Voting Rights of Post Commencement Creditors in Business Rescue

1 min read
In the recent case of Mashwayi Projects (Pty) Ltd and Others v Wescoal (Pty) Ltd and Others, an important debate on the interpretation of section 152(2) of the Companies Act and the right of post-commencement creditors to vote on a business rescue plan was decided. ...

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