It appeared the business rescue of the Guptas’ embattled Shiva Uranium could finally proceed when, last week, the Companies Tribunal gave the Companies and Intellectual Property Commission (CIPC) five days to comply with an order that would provide certainty over who the rightful business rescue practitioners are. But six working days have passed with no action from the CIPC as the rescue practitioners continue their battles in court. The practitioners on the losing side of the tribunal decision have approached the Pretoria High Court to interdict the CIPC from complying with the tribunal’s decision while they seek a review of it. The case will be heard on Thursday. Meanwhile, the embattled Shiva Uranium, which stopped operating in July and has not paid workers since, is struggling to hang on to essential service providers such as security, the absence of which would cause the assets to fall into disrepair. Now, without the CIPC complying with orders, a rescue plan cannot continue. ...

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