This application is to get Indiza out of Liquidation and back to business. Indiza went liquidation as a result of the criminal trial. It is sensible now to resuscitate the business of Indiza.
The key sections of the document below include:
- The Circumstances and events which led to Indiza’s liquidation
- The LTSM Project
- The Tender
- Default of the DoE
- The Restraint Order
- Motswedi’s Interdict
- The Settlement Negotiations
- The Criminal Prosecution
- The consequences of the Department’s default and repudiation of the agreement
- Indiza’s Liquidation
- The incompatible nature of the restraint and liquidation orders
- Indiza’s financial position
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