Masenya and Others v Nedbank Limited and Others (89054/2014) [2018] ZAGPPHC 769 (16 March 2018)
The court found that the applicants failed to provide a reasonable explanation for their delay in bringing the application and for failing to defend the proceedings that led to the default judgment and sale in execution of the property. The applicants were in wilful default, disregarded multiple court orders, and failed in their fiduciary duties as executors. Their reliance on ignorance of the law and lack of funds was rejected as insufficient. The respondent had made repeated efforts to accommodate the applicants, but the estate remained unfinalised due to their inaction. Consequently, the application for rescission and stay was dismissed, and costs were awarded against the applicants.
- Citation
- [2018] ZAGPPHC 769
- Parties
- Applicant: Manoko Engelina Masenya; Applicant: Pheega Andrew Madiga NO; Applicant: Phillip Nkhure Madiga NO; Respondent: Nedbank Limited; Respondent: Master of the High Court Polokwane; Respondent: Thomas Grobler Attorneys
- Court
- North Gauteng High Court, Pretoria
- Jurisdiction
- South Africa
- Judgment Date
- 16 March 2018
- Case Number
- 89054/2014
- Procedural Posture
- Stay Application / Final Judgment on Application for Stay and Rescission
- Outcome
- Application dismissed with costs awarded against the applicants.
- Judges
- S C Mia
- Legal Topics
- Rescission of Judgment, Stay of Execution, Mortgage Bond Enforcement, Liquidation and Distribution Account
Case Brief
Summary, issues, holding and outcome
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Parties
Manoko Engelina Masenya
Applicant
Pheega Andrew Madiga NO
Applicant
Phillip Nkhure Madiga NO
Applicant
Nedbank Limited
Respondent
Master of the High Court Polokwane
Respondent
Thomas Grobler Attorneys
Respondent
Procedural Posture
Stay Application / Final Judgment on Application for Stay and Rescission
Legal Issues
- 1 Whether the applicants have shown good cause for rescission of the default judgment granted against them.
- 2 Whether the transfer and execution of the immovable property should be stayed pending finalisation of the deceased estate.
- 3 Whether the applicants have complied with their fiduciary obligations as executors in winding up the estate.
Ratio Decidendi
The court found that the applicants failed to provide a reasonable explanation for their delay in bringing the application and for failing to defend the proceedings that led to the default judgment and sale in execution of the property. The applicants were in wilful default, disregarded multiple court orders, and failed in their fiduciary duties as executors. Their reliance on ignorance of the law and lack of funds was rejected as insufficient. The respondent had made repeated efforts to accommodate the applicants, but the estate remained unfinalised due to their inaction. Consequently, the application for rescission and stay was dismissed, and costs were awarded against the applicants.
Court Disposition
Application dismissed with costs awarded against the applicants.
Orders
- The application is dismissed.
- The applicants are to pay the costs of this application.
Full Case Text
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