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Business rescue battle over Gupta mining company heads to ConCourt
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Johannesburg - Opposing business rescue practitioners (BRPs) of Gupta-owned Shiva Uranium are set to do battle at the Constitutional Court next month over which side was validly appointed.
Chris Monyela, whom the Supreme Court of Appeal (SCA) found was not Shiva Uranium’s validly appointed BRP, wants the apex court to overturn the SCA’s December 2020 ruling and restore him as the one in charge.
The SCA declared Mahomed Tayob and Eugene Januarie the Gupta mining company’s validly appointed BRPs, overturning an earlier North Gauteng High Court ruling that dismissed their bid to be proclaimed the firm’s legitimate BRPs.