Fallen retail giant Tuskys Supermarket wants the court to compel its landlords to release its non-core assets currently held in about 20 branches over rent default for sale as part of its turnaround plan.
In an application before the High Court, the retailer said the sale of pre-selected non-core assets in outlets that it intends to exit through surrender of leases granted to the premises will help it resume operations as a going concern and ultimately enable it to meet its financial obligations to its creditors.
