Click here to read the full judgment on Saflii
The applicants seek Orders:
a. Declaring that:
i. the business rescue practitioners ("BRPs") of Tongaat Hulett Limited ("THL") are empowered to suspend, for the duration of the business rescue proceedings, any obligation of THL which arises under the Sugar Industry Agreement, 2000 ("the SI Agreement");
ii. alternatively, the BRPs are empowered to suspend, for the duration of the business rescue proceedings, any local market redistribution payment obligations, and related levies and interest, that became due in terms of clauses 183 and 184 of the SI Agreement, and which would otherwise become due during the business rescue proceedings.
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