Bennie keevy 2026

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The document is a judgment from the Supreme Court of Appeal of South Africa regarding an appeal by liquidators of Costa Logistics (Pty) Ltd against a high court decision. The central issue involves the validity of payments made by the company to Tanzer Transport after the commencement of its winding-up, which the liquidators sought to declare void under the Companies Act. The court upheld the appeal, declaring the payments void and ordering their repayment to the liquidators, emphasizing that such dispositions are impermissible during liquidation to protect creditor rights.

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