18 August 2023 – The Commissioner for the South African Revenue Service (SARS), Mr Edward Kieswetter, has welcomed the decision of the Constitutional Court delivered yesterday (17 August 2023) in a matter involving Regiments Capital (Pty) Ltd.
The Constitutional Court refused the directors of the insolvent Regiments Capital leave to appeal a decision of the Supreme Court of Appeal (SCA) that upheld the winding up of Regiments Capital as had been argued by SARS on behalf of creditors in liquidation proceedings.