The judgment concerns a liquidation application in the Western Cape High Court involving Fluery Kwekery (Pty) Ltd and Mischa Premier Vines CC, with two intervening parties seeking costs. The court ordered the respondent company to be placed under final winding-up and dismissed both interveners' applications for costs in the liquidation. The first intervening party had withdrawn after its debt was paid, and the second intervening party intervened as a shareholder on alternative winding-up grounds.
It may be relevant to insolvency and company law practitioners dealing with liquidation proceedings, intervention applications and costs orders.
Evidence from source
The respondent company is placed under final winding-up in the hands of the Master of the High Court.
Supports: The court order made in the matter.