Bosasa directors to have company handed back to them after high court ruling

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The company was handed over to liquidators voluntarily, only for Bosasa to then change its mind.

The High Court in Johannesburg has found that a board decision by facilities management company Bosasa to place it and its many subsidiaries in liquidation was not valid, reversing all the decisions taken..

But the company then submitted an affidavit as part of an application to reverse their voluntary liquidation.

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