Bank Windhoek Limited and Another (HC-MD-CIV-ACT-CON- 1458 of 2020) [2021] NAHCMD 464 (6 October 2021)
The court accepted the execution debtors' proposal for a two-month grace period as a viable and less drastic alternative to immediate sale in execution, finding this fair to both parties and consistent with rule 108's equitable purpose.
- Citation
- [2021] NAHCMD 464
- Parties
- Plaintiff: Bank Windhoek Limited; 1st Defendant: Emmarentia Nanette Irion; 2nd Defendant: Tabby Mtshiya-Moyo
- Court
- High Court Main Division
- Jurisdiction
- Namibia
- Judgment Date
- 6 October 2021
- Case Number
- HC-MD-CIV-ACT-CON- 1458 of 2020
- Procedural Posture
- Civil Action Contract / Judgment on Rule 108 Application
- Outcome
- property declared specially executable; execution suspended for two months; costs awarded
- Legal Topics
- Judicial Oversight, Special Execution, Rule 108, Pacta Sunt Servanda, Sale in Execution, Alternatives to Execution
- Source Language
- English
Case Brief
Summary, issues, holding and outcome
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Parties
Bank Windhoek Limited
Plaintiff
Emmarentia Nanette Irion
1st Defendant
Tabby Mtshiya-Moyo
2nd Defendant
Procedural Posture
Civil Action Contract / Judgment on Rule 108 Application
Legal Issues
- 1 Whether the property should be declared specially executable under rule 108
- 2 Whether viable and less drastic alternatives to sale in execution exist
Ratio Decidendi
The court accepted the execution debtors' proposal for a two-month grace period as a viable and less drastic alternative to immediate sale in execution, finding this fair to both parties and consistent with rule 108's equitable purpose.
Court Disposition
property declared specially executable; execution suspended for two months; costs awarded
Orders
- Erf No: 259, Elisenheim, Windhoek declared specially executable
- Execution of the order suspended for two months
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