Arnot OpCo placed under business rescue
Effective 10 October 2022, Arnot OpCo has been placed under supervision and business rescue proceedings in terms of section 131(4) of the Companies Act, 71 of 2008 (the “Act”).
Mr Phahlani Lincoln Mkhombo has been appointed as the interim business rescue practitioner to Arnot OpCo in terms of section 131(5) of the Act.
All queries can be directed to arnotopcobr@gcs-sa.co.za
The Business Rescue Plan and Supporting Annexures can be accessed below:
16 August 2023
Urgent Court Application – Notice of Motion Thatha Projects Arnot OpCo
Paginated Notice of Motion and Founding Affidavit
Circular Sixteen – Notice to all known creditors and affected persons
Case 2023-079991 Wescoal_ArnotOpCo 3rd Respondent Supporting Affidavit
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11 August 2023
Arnot Opco Proprietary Limited – Notice in terms of section 151 of the Companies Act
Annexure A- Arnot Opco Proprietary Limited – Form of Proxy
Arnot Opco Proprietary Limited – Revised Business Rescue Plan (In Mark Up)
Arnot Opco Proprietary Limited – Revised Business Rescue Plan (Clean)
Annexure A – List of Material Assets
Annexure B – List of Creditors & Votin
Annexure C – Independent Liquidation Calculation
Annexure D – Remuneration Agreement
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07 August 2023
Arnot Opco Proprietary Limited – Amended Business Rescue Plan (In Mark Up)
Annexure B – Updated List of Creditors and Voting Interest
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27 July 2023
Arnot Opco – Creditors resolution for Acceptance or Rejection of Offers
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26 July 2023
Circular Fourteen To all known creditors and- other affected persons of Arnot Opco
Arnot Opco – Creditors resolution for Acceptance or Rejection of Offers
Annexure A – Proxy Form for approval of the plan
Annexure B – Proxy form for offers
Annexure C – Proxy for additional Remuneration
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14 July 2023
Arnot Opco Proprietary Limited – Business Rescue Plan
Annexure A – List of Material Assets
Annexure B – List of Creditors and Voting Interest
Annexure C – Independent Liquidation Calculation
Annexure D – Remuneration Agreement
Annexure E – Projected Balance Sheet, Statement of Income & Expenses & Cashflow Forecast