Tau lambasts Tongaat BRPs over liquidation application

Claims the Companies Act is being ‘abused and perverted’ by the BRPs to push for the liquidation of Tongaat ‘against the public interest’ Minister of Trade, Industry and Competition Parks Tau has lambasted the conduct of the business rescue practitioners (BRPs) of financially distressed, suspended JSE-listed sugar producer and property developer Tongaat Hulett. Tau said…

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Important orders on IBC (Jan 1 – Jan 15, 2026)

NCLAT Fortnightly January 1-15, 2026  The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal (“NCLAT”), under the Insolvency and Bankruptcy Code, 2016 (“Code”), during the period between January 1, 2026, to January 15, 2026. For ease of reference, the orders have been categorized and dealt with in…

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