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AI summary
The High Court in Pretoria considered an application for provisional sequestration brought by Mminatau LP Holdings against the first respondent. The court said the dispute turned on the parties' differing versions of an acknowledgment of debt and the payment mechanism linked to ten RAF matters, and dismissed the application with costs.
This may be relevant to sequestration proceedings and disputes about whether a claimed indebtedness is genuinely contested on reasonable grounds.
Evidence from source
The applicant seeks the provisional sequestration of the first respondent's estate.
Supports: plain summary: the matter concerned an application for provisional sequestration.
The application for sequestration must accordingly be dismissed.
Supports: plain summary: the application was dismissed with costs.