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The ANC Youth League (ANCYL) was declared bankrupt on Thursday because of an invoice that she did not pay.
Earlier this year, two judges were reluctant to demand the winding up of the organization, but Judge Sharise Weiner in an order Thursday at the High Court in Johannesburg.
Thursday night, after the insolvency order against the league was granted, she indicated that she had paid the bill, but it was too late.
The liquidation comes after the league has not paid court fees in the libel case brought by Western Cape Prime Minister Helen Zille against the league, Julius Malema, Floyd Shivambu and Andile Lili in 2010.
a "racist" by the accused.
The case was settled later and the ANCYL, along with Shivambu and Malema, who were then members of the league, accepted responsibility for Zille's legal fees.
Aside from court costs, the four defendants also had an order of costs awarded against them during the course of the case.
Attorney Hugo de Waal, who appeared for Zille in the case, applied to the Johannesburg High Court for a liquidation order against the league in November
De Waal said in court documents that Zille had transferred his rights costs, totaling R93 218.09 plus interest, for him.
The High Court issued a warrant of execution in September 2016.
But De Waal said that the sheriff of the court returned empty-handed because he could find no trump in to attach. All property found at Luthuli House belonged to the National ANC, which is a separate legal entity.
Another term of office was served to the league last June. The sheriff then requested that the movable property be reported to him, but his search for property ultimately failed.
Hein von Lieres, De Waal's attorney, stated that the ANCYL sent him a proof of payment the night after the liquidation order was granted.
"All this is good and good, but of course it makes no difference that they have already been liquidated," he said.
Von Lieres did not want to disclose the total amount paid, but stated that he did not include any legal fees.
De Waal argued in court documents that the ANCYL, as a corporation, was governed by the Companies Act.
The leagues' own constitution states that it is a legal person with perpetual succession, independent of its individual members and capable of acquiring, possessing, and possessing. alienate property.
De Waal said that in the recent past, the youth league had been through a number of similar requests that were settled amicably.
The media frequently report that the ANCYL and its officials spend money for conferences and other political gatherings, and for extravagant socializations.
According to court documents, money does not seem to be a problem.
As a result, the inevitable inference is that the youth league has access to money.
Despite this, the ANCYL had the habit of not paying its debts.
Mlondi Mkhize, ANCYL spokeswoman, said that they were required to abide by the court order and settle their debts.
Asked what the liquidations mean for the future of the youth league, Mkhize said the immediate responsibility was to pay off the debt.
"We do not want things to reach this stage," said Mkhize about the possible appointment of a liquidator, which means the league would no longer have control over its badets.
Mkhize also stated that they had not yet spoken to the ANC about a bailout because they wanted to handle the situation themselves.
ANC spokesman, Pule Mabe, said yesterday that he would issue a press release, but had not done so at the time of printing.
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