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The Independent Regulatory Board for Auditors (Irba) has surprisingly withdrawn its petition to the Supreme Court of Appeal (SCA) for leave to appeal a judgment ordering two members of the disciplinary committee hearing a case against the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.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Ghaaleb to extend Costa's lead
Jebel Ali-based Australian trainer Michael Costa has begun the new season in the UAE in terrific style and has already saddled eight winners.
Suny Du Loup for Abu Dhabi Prep
Racing in the UAE steps up a gear at Abu Dhabi today with the running of the HH The President Cup Prep, the first Listed race for Arabians of the new season.
Andi's Girl to take the Pudding
Sukhumvit stands out as the obvious danger.
There is nothing haphazard about Richard
Once again Richard Fourie looks the person to follow at Fairview today when they race on the Polytrack.
Emerald fetches a record R163m
Auction price exceeds that of Liz Taylor’s wedding gift from Richard Burton.
Irma Stern tops auction sales
Elite group of South African artists attract enthusiastic bids here and internationally.
Thirst-quenching sale
Inaugural auction features curated selection of the rarest Cape fine brandies.
POWER PACKED BOKS
ERASMUS: HAULS OUT THE BIG GUNS FOR MASSIVE ENGLAND SHOWDOWN
Tyson v Paul: fight or farce?
The sport of boxing has over the years never been short of its array of colourful, controversial characters and news-makers for both the right and wrong reasons.
Qualifying pressure lifts on Bafana
Bafana Bafana qualified for the 2025 Africa Cup of Nations finals yesterday without kicking a ball.
