Khula Enterprise Finance Ltd v Geldenhuys and Another (745/11)
Khula Enterprise Finance Ltd v Geldenhuys and Another (745/11) [2012] ZASCA 165 (21 November 2012)
The Supreme Court of Appeal held that the sureties remained liable and that the creditor’s cross-default clause allowed immediate enforcement without prior notice.
- Suretyship Liability
- Contract Interpretation
- Cross Default Clause
- Prejudice To Surety
- Acceleration Of Debt
- Suretyship-liability