The Constitutional Court has refused Steinhoff's application for leave to appeal a Western Cape High Court ruling that found it had the requisite jurisdiction to hear the liquidation matter.

A Fin24 report notes Steinhoff approached the apex court on an urgent basis in late September in a bid to stop the Western Cape High Court from hearing an application to have it liquidated.

The winding-up application was brought by the former owners of shoe retailer Tekkie Town, which say Steinhoff's former CEO Markus Jooste ‘duped’ them into selling their business.

Steinhoff lodged its application with Constitutional Court after the High Court ruled that it has jurisdiction to hear the winding-up case.

It has also lodged a separate application with the SCA.

In a statement, the Constitutional Court said it had considered Steinhoff's application for leave to appeal directly to it and concluded it should be dismissed as it is ‘not in the interests of justice to grant leave to appeal at this stage’.

While the apex court will not hear the appeal at this stage, the Western Cape High Court is expected to hear the application for leave to appeal next week. 

The same court is expected to hear a separate application by Steinhoff to approve its €1.4bn (R25bn) settlement plan in January next year.

Full Fin24 report