Ecsponent, the financially distressed previously JSE-listed company now named Afristrat Investment Holdings, has paid the former client that launched a high court application to liquidate the company in an attempt to get paid the R433 000 owing to it for services provided.
The settlement agreement will possibly result in Afristrat relaunching its high court application to voluntarily liquidate the company.
ADVERTISEMENT
CONTINUE READING BELOW
Read:
Afristrat to face a second liquidation application
Afristrat to liquidate because it’s ‘commercially insolvent’
Afristrat abandons planned voluntary liquidation application, for now
Afristrat’s board took a decision on 1 March 2024 to voluntarily…
