An urgent application by arms maker Denel seeking relief from paying a guarantee of R25-million to the State Bank of India was struck off the roll by the Johannesburg High Court, South African Broadcasting Corporation radio news reported on Friday.
The guarantee is part of a multimillion-rand arms deal between Denel and the Indian government.
The Indian government suspended the deal in 2003, saying the arms manufacturer had not delivered the goods on time.
Judge George Maluleka found that Denel had not convinced the court that any grounds existed for the application to be an urgent one.
Maluleka said the company has the right to pursue the matter further before the same court through a normal application. — Sapa