Cardinet (Proprietary) Limited v Wedgewood Golf
and Country Esttate (Pty) Ltd (in liquidations) and others (unreported case No
19599/2012 Western Cape High Court)
This judgment confirmed that a business rescue order
may be issued after a final liquidation order. In this case, the final
liquidation order was issued on 9 February 2012 and a business rescue order was
issued on 30 January 2013. The liquidators raised no objections because the
company had guaranteed payment of their fees and expenses.
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