Oakbay Investments is arguing that the declaratory order sought by Finance Minister Pravin Gordhan against the Gupta-linked company is too narrow and will apply only to this case. This was one of the reasons given for why the High Court in Pretoria should dismiss Gordhan’s application for a declaratory order stating that he cannot intervene in the relationship between the banks and their clients. Cedric Puckrin SC, for Oakbay Investments, questioned who the order would be binding on. "The relief sought is so narrow…. It will have no effect and will not stop Oakbay or anyone else petitioning for help in the future," he said. Oakbay conceded that Gordhan could not intervene but Puckrin said he would not concede that the order would be binding on anyone in the future.
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