Shiva Uranium's original rescue practitioners are the only valid appointment - Supreme Court

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The battle for the rescue of Gupta-owned Shiva Uranium went all the way to the Supreme Court of Appeal.    Photo: Archives
The battle for the rescue of Gupta-owned Shiva Uranium went all the way to the Supreme Court of Appeal. Photo: Archives

The Supreme Court of Appeal (SCA) has thrown a new spanner in the works that could delay any planned sale of Shiva Uranium's assets and possibly put the brakes on the Gupta-owned company's business rescue process.

The SCA handed down a judgment in which it said that the business rescue practitioners (BRPs) who were appointed by the Shiva board were the legally recognised business rescue practitioners (BRPs). 

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