Kgole and Another v FirstRand Bank Limited and Others (2012/28961) [2021] ZAGPJHC 656 (9 November 2021)
The court found that the order cancelling the sale in execution was erroneously granted, as the guarantee required for the sale was provided before the order was made and all conditions for transfer had been met. The respondents were not present when the order was granted, and had they been, the court would not have issued the order. The subsequent transfer to the third respondent was lawful, as the sale in execution was perfected and the third respondent was a bona fide purchaser. The applicants failed to seek rescission of the original execution order and writ, rendering their application ineffective. The abstract theory of transfer and established case law preclude the recovery of...
- Citation
- [2021] ZAGPJHC 656
- Parties
- Applicant: Kgole, Matlou George; Applicant: Kgole, Mapaseka Lucy; Respondent: FirstRand Bank Limited; Respondent: U 4 Me Estates; Respondent: Shaw Kevin Thulani; Respondent: The Sheriff of the High Court, Boksburg; Respondent: The Registrar of Deeds, Johannesburg
- Court
- South Gauteng High Court, Johannesburg
- Jurisdiction
- South Africa
- Judgment Date
- 9 November 2021
- Case Number
- 2012/28961
- Procedural Posture
- Civil Application / Judgment on Main Application and Counter Application for Rescission
- Outcome
- The order cancelling the sale in execution is rescinded. The application to set aside the registration of transfer is dismissed. Each party shall bear its own costs.
- Judges
- MJ Engelbrecht
- Legal Topics
- Rescission of Judgment, Sale in Execution, Transfer of Immovable Property, Rule 42, Abstract Theory of Transfer
Case Brief
Summary, issues, holding and outcome
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Parties
Kgole, Matlou George
Applicant
Kgole, Mapaseka Lucy
Applicant
FirstRand Bank Limited
Respondent
U 4 Me Estates
Respondent
Shaw Kevin Thulani
Respondent
The Sheriff of the High Court, Boksburg
Respondent
The Registrar of Deeds, Johannesburg
Respondent
Procedural Posture
Civil Application / Judgment on Main Application and Counter Application for Rescission
Legal Issues
- 1 Whether the order cancelling the sale in execution was erroneously sought and granted and should be rescinded.
- 2 Whether the subsequent registration of transfer to a third party was unlawful and should be set aside.
- 3 Whether the applicants are entitled to recover possession of the property after transfer to a bona fide purchaser.
Ratio Decidendi
The court found that the order cancelling the sale in execution was erroneously granted, as the guarantee required for the sale was provided before the order was made and all conditions for transfer had been met. The respondents were not present when the order was granted, and had they been, the court would not have issued the order. The subsequent transfer to the third respondent was lawful, as the sale in execution was perfected and the third respondent was a bona fide purchaser. The applicants failed to seek rescission of the original execution order and writ, rendering their application ineffective. The abstract theory of transfer and established case law preclude the recovery of...
Court Disposition
The order cancelling the sale in execution is rescinded. The application to set aside the registration of transfer is dismissed. Each party shall bear its own costs.
Orders
- The order of Coppin J of 27 October 2014 under case number 2012/28961 is rescinded.
- The application to set aside the registration of the transfer of the property under case number 28961/2012 is dismissed.
Full Case Text
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