Steinhoff’s legal team says the main proceedings cannot start until all the applications, including an appeal to the Supreme Court of Appeal, have been heard.
Edrea du Toit
- The first day of a court hearing into whether retailer Steinhoff is insolvent was taken up with new intervention bids, arguments to postpone the matter, and applications to appeal earlier rulings.
- Lawyers for Tekkie Town, which is bringing the winding-up application, argued it was time to “get the matter on the road”.
- But Steinhoff’s legal team says the main proceedings cannot start until all the applications, including an appeal to the Supreme Court of Appeal, have been heard.
A slew of new intervention applications may further delay the start of a court bid t…
Read the full article at: https://www.news24.com/fin24/companies/slew-of-new-intervention-bids-may-delay-start-of-steinhoff-liquidation-case-20210914
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