Gupta-company directors seek postponement in asset-restraint case

When the National Prosecuting Authority’s ID brought a successful application to provisionally restrain the assets of Sharma, his company Nulane Investment and Islandsite in June last year, the directors of Islandsite — represented by Ronica Ragavan — sought to oppose the confirmation of the restraint order against Islandsite.

The business rescue practitioners of Islandsite indicated last year they would oppose the confirmation of the restraint order. Sharma’s assets that form part of the curator’s inventory include his Sandton home valued at more than R12m. After Musi's decision, Ragavan applied for leave to appeal the order that the directors and/or shareholders of Islandsite have no standing to oppose the restraint proceedings without the approval of the business rescue practitioners.

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Gupta-company directors seek postponement in asset-restraint caseThe bid by the Investigating Directorate (ID) to restrain the assets belonging to former Gupta associate Iqbal Sharma and a company belonging to the Guptas was delayed on Thursday after the directors of Islandsite Investments 180 sought a postponement of the matter
Fuente: SowetanLIVE - 🏆 13. / 63 Leer más »

NPA seeks to restrain Gupta assets - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The National Prosecuting Authority's (NPA) Investigating Directorate has sought that the Bloemfontein High Court issue an order restraining Gupta assets. Hello guys have you heard of accessprimepips options trade where you can make up to r80,000 within 7days of trading if you are interested just drop your whatapp number
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Gupta-company directors seek postponement in asset-restraint caseThe bid by the Investigating Directorate (ID) to restrain the assets belonging to former Gupta associate Iqbal Sharma and a company belonging to the Guptas was delayed on Thursday after the directors of Islandsite Investments 180 sought a postponement of the matter
Fuente: SowetanLIVE - 🏆 13. / 63 Leer más »