Companies Act, 2008 (Act No. 71 of 2008)RegulationsCompanies Regulations, 2011Chapter 7 : Complaints, Applications and Tribunal HearingsPart E : Initiating Tribunal Procedures148. Withdrawals and postponements |
| (1) | At any time before the Tribunal has determined a matter, the initiating party may withdraw all or part of the matter by— |
| (a) | serving a Notice of Withdrawal in form CTR 148 on each party; and |
| (b) | filing the Notice of Withdrawal with proof of service. |
| (2) | If the parties agree to postpone a hearing; the initiating party must notify the recording officer as soon as possible. |
| (3) | Subject to any provision of the Act to the contrary— |
| (a) | a Notice of Withdrawal may include a consent to pay costs; and |
| (b) | if no consent to pay costs is contained in a Notice of Withdrawal the other party may apply to the Tribunal by Notice of Motion for an appropriate order for costs. |