Kransfontein Beleggings (Pty) Ltd v Corlink Twenty Five
(624/2016) [2017] ZASCA 131 2017 (3) SA 539
Kransfontein Beleggings (Pty) Ltd v Corlink Twenty Five
(624/2016) [2017] ZASCA 131 2017 (3) SA 539 (GJ)
Joinder of creditors in application to set aside business rescue plan.
When application is made to set aside a business rescue plan, non-joinder of creditors is fatal to the application. The test whether there has been a non-joinder is whether a party has a direct and substantial interest in the subject matter of the litigation which may prejudice the party that has no