Regulator says it withdrew the application on the advice of its legal team.
The Independent Regulatory Board for Auditors (Irba) has surprisingly withdrawn its petition to the Supreme Court of Appeal (SCA) for leave to appeal a judgment ordering two members of the disciplinary committee hearing a case against the former auditors of the failed Sharemax investment scheme to recuse themselves because of bias.
Irba lodged its petition to the SCA for leave to appeal this judgment after Judge Jabulani Nyathi in the High Court in Pretoria dismissed the auditing regulator's application for leave to appeal his judgment in July this year.
That judgment followed the three former auditors of Sharemax applying in February 2021 for the recusal of Suren Sooklal and Horton Griffiths, two members of the disciplinary hearing committee, on the grounds of actual bias or perceived bias and for the hearing to be declared a nullity.
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Denne historien er fra September 06, 2024-utgaven av The Citizen.
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Djokovic unclear on Murray's job
Novak Djokovic would not commit to working with Andy Murray again as his coach after the Serb retired from the Australian Open semifinals yesterday with injury.
Blitzboks off to flying start
The Blitzboks qualified for the knockout round of the Perth Sevens with a game to spare after they picked up two wins on yesterday's opening day of the tournament.
Weekend focus shifts to the battle for survival
It's a big weekend for all six teams in this year's Betway SA20, with the two bottom-placed teams, the Pretoria Capitals and Durban's Super Giants, in must-win matches today if they're to stand any chance of making it into the play-offs.
To save or to invest...
DIFFERENCE: SO MANY BENEFITS FROM INVESTING THAN SIMPLY SAVING
Continental club form very pleasing
I don't know about you but I'm still buzzing over the fact that South African teams are doing well in the Caf inter-club competitions.
Barca have to halt the slide
Barcelona must harness the euphoria of their thrilling Champions League victory at Benfica to halt a miserable run of La Liga form against an improving Valencia side tomorrow.
Rivals look for grunt
DERBY: LIONS & BULLS BOTH ANTICIPATING A MASSIVE PHYSICAL BATTLE
Sinner sets up a classic Zverev decider
Defending champion Jannik Sinner (right) blew past Ben Shelton 7-6 (7/2), 6-2, 6-2 in the Australian Open semifinals yesterday to set up a showdown with Alexander Zverev for the title.
Free Agents dreaming big
Free Agents FC coach Olaitan Oladeru says he still wakes up in the middle of the night and wonders if his ABC Motsepe League side are really playing Kaizer Chiefs in the Nedbank Cup last-32.
Questioning climate change is reasonable
Just as one can talk of an oil lobby, one can also talk of a climate change lobby.
