He has informed that whilst the application for extension stated that the AFS would be finalised by 7 August, this has not yet eventuated. He alleges that the company “made a material misrepresentation to the Tribunal” and that they:
* take the matter up with Nova by way of: “…request formal feedback from both the Directors of the Nova Group and the external auditors regarding the matters raised above * and take action via ” …the Tribunal should seriously reconsider the factual representations initially placed before it. I am of the opinion that the Directors of the Nova Group deliberately provided an unrealistic completion date in an attempt to create the impression that the audit was nearing completion, despite knowing that the guarantees from the prospective purchaser of the Flora property would likely not be furnishing guarantees before 31 August 2026.
Please note: We are aware that the pdf documents posted in the Carian web site cannot be viewed on-screen but require download and saving. This is inconvenient and we have addressed Tromp on the matter requesting appropriate changes to make it easier to open the posted documents He has responded that tis will be addressed in order to remove the difficulty and inconvenience
Pending such change, the relevant documentation relevant to this post, can be viewed here:
<www.ndcag.co.za/go/270820261> www.ndcag.co.za/go/270820261