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Don't let unions place us in business rescue - we'll do it ourselves, Mango to ask court


Fin24/File
Low-cost airline Mango intends to ask the South Gauteng High Court in Johannesburg on Tuesday not to grant an urgent application by three unions to have the low-cost airline placed in business rescue, but to instead allow it to do so voluntarily.
Mango wants the court to rule that the airline already went into voluntary business rescue on 28 July this year. In order for this to happen, Mango wants the court to rule that the Companies and Intellectual Property Commission (CIPC) had wrongfully dismissed a notice indicating that its board had made a resolution in April this year to have the airline placed in voluntary business rescue. ....

South Africa , Property Commission , Gauteng High Court , South Gauteng High Court , Intellectual Property Commission , ப்ராபர்டீ தரகு , கௌஊட்டெங் உயர் நீதிமன்றம் , தெற்கு கௌஊட்டெங் உயர் நீதிமன்றம் , அறிவுசார் ப்ராபர்டீ தரகு ,