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Companies Act, 2008 (Act No. 71 of 2008)

Companies Regulations, 2011

Chapter 7 : Complaints, Applications and Tribunal Hearings

Part E : Initiating Tribunal Procedures

148. Withdrawals and postponements

 

 

(1) At any time before the Tribunal has determined a matter, the initiating party may withdraw all or part of the matter by—

(a)        serving a Notice of Withdrawal in form CTR 148 on each party; and

(b)        filing the Notice of Withdrawal with proof of service.

 

(2)        If the parties agree to postpone a hearing; the initiating party must notify the recording officer as soon as possible.

 

(3)        Subject to any provision of the Act to the contrary—

(a)        a Notice of Withdrawal may include a consent to pay costs; and

(b)        if no consent to pay costs is contained in a Notice of Withdrawal the other party may apply to the Tribunal by Notice of Motion for an appropriate order for costs.