Johannesburg - Another massive sale of assets belonging to Gupta-owned Shiva Uranium is on the cards as the battle between the company’s current and former business rescue practitioners heads to the Supreme Court of Appeal .
The sale was sanctioned by Shiva Uranium’s joint business rescue practitioners Chris Monyela and Juanito Damons, who face more legal battles launched by Mahomed Mahier Tayob and Eugene Januarie, the business rescue practitioners unlawfully appointed by Shiva Uranium chief executive and director George van der Merwe.
Tayob and Januarie argue that Monyela, as a junior business rescue practitioner, was only competent to manage Shiva Uranium’s affairs if assisted by a senior business rescue practitioner.
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