Thumos Properties News Today

The City of Tshwane welcomed the judgment and said it confirms the obligation of customers to pay for services rendered.

Negotiations are taking place with the BRP of building contractor GD Irons Construction.

But Nova chair threatens to interdict any attempt to implement the decision.

Affected persons set to vote on business rescue plan for company that owns 70% of The Villa on Tuesday.

Settlement agreement on payment of R12.34m debt made an order of court.

CIPC says disposing of any immovable properties under Novas control is expressly prohibited.

SCA rejects city’s appeal against interim high court order.

The SCA has effectively ordered the City of Tshwane to reconnect the electricity supply to the owner of six units in sectional title scheme.

Meeting to consider developers business plan and mall future postponed again.

Depending on findings of a legal opinion several aspects of the business rescue plan may need to be revised.