Tuesday 18 December 2018
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iol - 3 month ago

Numsa failed to block auction of Gupta owned company

Johannesburg - The National Union of Metalworkers of SA (Numsa) has lost its battle to block the business rescue practitioners from auctioning the plant machinery and equipment of the Gupta owned VR Laser on Thursday. Numsa general secretary Irvin Jim made a failed bid in the High Court in Joburg on day pleading with the interdict business rescue practitioners, Robert Knoop and Louis Klopper, from auctioning the goods. In their application, Jim had argued in his papers that VR Laser was still contracted to

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