National Consumer Commission v Global Booming Investment cc (NCT/110729/2018/74(1)) [2018] ZANCT 116 (31 August 2018)

National Consumer Commission v Global Booming Investment cc (NCT/110729/2018/74(1)) [2018] ZANCT 116 (31 August 2018)

The Tribunal found that the requirements of section 74(1) of the Consumer Protection Act were met, as the matter had been investigated and both parties agreed to the terms of the settlement. Therefore, the Tribunal confirmed the settlement agreement as a consent order without hearing further evidence.

Citation
[2018] ZANCT 116
Parties
Applicant: National Consumer Commission; Respondent: Global Booming Investment cc
Court
National Consumer Tribunal
Jurisdiction
South Africa
Judgment Date
31 August 2018
Case Number
NCT/110729/2018/74(1)
Procedural Posture
Consent Order Application / Confirmation of Settlement Agreement
Outcome
The settlement agreement between the Applicant and Respondent is confirmed as a consent order of the Tribunal. No order as to costs.
Judges
H Devraj
Legal Topics
Consumer Protection Act, Consent Order, Settlement Agreement
Commercial and Corporate Consumer Protection Act Consent Order Settlement Agreement

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

National Consumer Commission

Applicant

Global Booming Investment cc

Respondent

Procedural Posture

Consent Order Application / Confirmation of Settlement Agreement

Legal Issues

  1. 1 Whether the settlement agreement between the parties should be confirmed as a consent order under section 74(1) of the Consumer Protection Act.

Ratio Decidendi

The Tribunal found that the requirements of section 74(1) of the Consumer Protection Act were met, as the matter had been investigated and both parties agreed to the terms of the settlement. Therefore, the Tribunal confirmed the settlement agreement as a consent order without hearing further evidence.

Court Disposition

The settlement agreement between the Applicant and Respondent is confirmed as a consent order of the Tribunal. No order as to costs.

Orders

  • The Settlement Agreement entered into between the Applicant and the Respondent on 14 May 2018 is made an order of the National Consumer Tribunal in terms of Section 74(1) of the Consumer Protection Act of 2008.
  • There is no order made as to costs.