DURBAN - A Tongaat Hulett creditor is not so sweet on the sugar producer's business rescue plan.
Powertrans has approached the High Court in Durban to have the plan set aside as invalid and unlawful.
Legal representatives for the maintenance company argue that the BRP has serious flaws and unduly favours both the secured creditors and a consortium looking to take over THL.
Powertrans says it's owed almost two million Rand for repair and maintenance services. ENCA discussed this further with DMI Attorneys Devin Moodley.