Trustco Group Holdings Limited v Financial Services Tribunal and Another [2023] ZAGPPHC 76; 5640/2022 (6 February 2023)

45 Reportability
Trusts and Estates

Brief Summary

Appeal — Application for leave to appeal — Trustco Group Holdings Limited sought leave to appeal against a decision of the Financial Services Tribunal — Court found no reasonable prospects of success in the appeal — Application for leave to appeal dismissed with costs, including costs of two counsel.

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[2023] ZAGPPHC 76
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Trustco Group Holdings Limited v Financial Services Tribunal and Another [2023] ZAGPPHC 76; 5640/2022 (6 February 2023)

IN
THE NORTH GAUTENG HIGH COURT, PRETORIA
(REPUBLIC
OF SOUTH AFRICA)
Case
Number:  5640/2022
(1)
REPORTABLE: NO
(2)
OF INTEREST TO OTHER JUDGES: NO
(3)
REVISED.
2023-02-06
In
the matter between:
TRUSTCO
GROUP HOLDINGS LIMITED
Applicant
And
THE
FINANCIAL SERVICES TRIBUNAL
First Respondent
JSE
LIMITED
Second Respondent
REASONS
FOR JUDGMENT:  APPLICATION FOR LEAVE TO APPEAL
POTTERILL
J
[1]
I have considered the application and grounds thereto.  I have
listened to the argument and I am satisfied that there are
no
reasonable prospects that another court would come to another
conclusion.
[2]
The following order is made:
The
application for leave to appeal is dismissed with costs, such costs
to include the costs of two counsel.
S.
POTTERILL
JUDGE
OF THE HIGH COURT
CASE
NO:  5640/2022
HEARD
ON:

30 January 2023
FOR
THE APPLICANT:

ADV. C.M. ELOFF SC
ADV. S. SCOTT
INSTRUCTED
BY:

Norton Rose Fulbright South Africa

Inc.
FOR
THE 2
nd
RESPONDENT:

ADV. I. GREEN SC
ADV. M. KRUGER
INSTRUCTED
BY:

Webber Wentzel Attorneys
DATE
OF REASONS FOR JUDGMENT:
6 February 2023