The beleaguered Honeydew Dairies has been placed under provisional liquidation by the Pietermaritzburg high court.
The company and all other interested parties have until February 8 to give reasons why the dairy should not be finally wound up.
In addition, the master of the high court has been directed to appoint a provisional liquidator to take charge of Honeydews business activities.
The application was brought on an urgent basis last week by Stubbs Farming Partnership a day after the court permitted Standard Bank to attach Honeydews movable property to the value it allegedly owes the bank, which according to court papers is R30 million.
Stubbs managing director Rene John Vaughan Stubbs, who is also the chairperson of Dairy Day the pare…
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