Baba v Nedbank Limited (Leave to Appeal) (6535.2024) [2025] ZAWCHC 283 (11 July 2025)
Court
Western Cape High Court, Cape Town
Case number
6535/2024
Judge
Thulare
The High Court dismissed an application for leave to appeal in a suretyship dispute, holding that the applicant had no reasonable prospects of success.
Radiant Group (Pty) Ltd v Xelmar (Pty) Ltd and Another (2018/3067) [2022] ZAGPJHC 189 (31 March 2022)
Court
South Gauteng High Court, Johannesburg
Case number
2018/3067
Judge
E F Dippenaar
The High Court held that the plaintiff failed to prove a valid suretyship against the second defendant, and estoppel could not cure the statutory defect.
Spar Group Limited v Ditisfolbring (Pty) Limited t/a Spar Vrede (3031/2020) [2020] ZAFSHC 157 (4 September 2020)
Court
Free State High Court, Bloemfontein
Case number
3031/2020
Judge
Grobler, AJ
The court found that the respondent was in arrears and had failed to pay the amount due to Spar, as evidenced by the financial records and annexure FA8. The terms of the notarial bonds entitled Spar to perfect the bonds and take possession of the movable property if its interests were imperilled or if the respondent was in breach. The deadlock between the directors and the ongoing divorce proceedings created a situation where Spar's interests and the reputation of its brand were at risk. Even if there was no breach of the sales agreement, the circumstances justified Spar's entitlement to reli…
David NO and Others v Phakathi Properties (Pty) Ltd (1323/2016) [2017] ZALMPPHC 18 (11 August 2017)
Court
Limpopo High Court, Polokwane
Case number
1323/2016
Judge
Muller
The High Court held that the respondent undertook a direct obligation under a mortgage bond to pay the debt, and ordered payment, interest, costs and specific executability.
Absa Bank Limited v Moore and Another (CCT03/16) [2016] ZACC 34; 2017 (1) SA 255 (CC); 2017 (2) BCLR 131 (CC) (21 October 2016)
Court
Constitutional Court
Case number
CCT03/16
Judges
Nkabinde, Cameron, Froneman, Jafta, Khampepe, Madlanga, Mbha, Mhlantla, Musi
The Constitutional Court refused leave to appeal in a mortgage-bond fraud case, holding the debt discharge and bond cancellation were valid and no enrichment remedy was proved.
Absa Bank Limited v Haremza (12189/2014) [2015] ZAWCHC 73 (27 May 2015)
Court
Western Cape High Court, Cape Town
Case number
12189/2014
Judge
Bozalek
The court found that the defendant's liability as surety was preserved by both the terms of the deed of suretyship and the express provisions of the business rescue plan. The suretyship agreement allowed the plaintiff to compromise or settle with the principal debtor without affecting the surety's liability. The business rescue plan specifically stated that settlement was not intended to affect any rights against third parties who had bound themselves as sureties. The defendant failed to provide any factual basis for her accounting defence, relying only on speculation. The court held that the…
Odendal and Another v Structured Mezzanine Investments (Pty) Ltd (482/13) [2014] ZASCA 89 (30 May 2014)
Court
Supreme Court of Appeal
Case number
482/13
Judges
Ponnan, Maya, Leach, Saldulker, Swain
The Supreme Court of Appeal upheld a suretyship securing a trust’s loan, holding that the principal debt was sufficiently identified and validly incorporated by reference.
Eley v Lynn & Main Inc (22615/05) [2006] ZAGPHC 94 (18 October 2006)
Court
High Courts - Gauteng
Case number
22615/05
Judge
E L Goldstein
The court held that, following the reasoning in Jans v Nedcor Bank Ltd, the interruption or delay in prescription applicable to the principal debtor also applies to the surety. Therefore, the thirty-year prescription period for judgment debts under section 11(a)(ii) of the Prescription Act governs the claim against the applicant as surety. The dicta in Bulsara v Jordan & Co (Conshu Ltd) were either obiter or, if not, the more recent and authoritative decision in Jans must be followed. As a result, the respondent's claim against the applicant had not prescribed, and the application for resciss…
Commissioner for Custome & Excise v Standard General Insurance Company Ltd. (507/98) [2000] ZASCA 55; 2001 (1) SA 978 (SCA) (29 September 2000)
Court
Supreme Court of Appeal
Case number
507/98
Judges
F H Grosskopf, Howie, Plewman, Farlam, Mpati
The court held that section 99(5) of the Customs and Excise Act creates an expiry period, not prescription, so the surety’s liability ended after two years.
Nedbank Ltd. v Van Zyl (349/88) [1990] ZASCA 12; 1990 (2) SA 469 (AD); [1990] 4 All SA 637 (AD) (15 March 1990)
Court
Supreme Court of Appeal
Case number
349/88
Judges
Corbett, Hefer, Nestadt, FH Grosskopf, Nicholas
The Supreme Court of Appeal held that under South African law, a contract of suretyship is accessory and must relate to a principal obligation owed by another. Where a spouse married in community of property purports to stand surety for the debt of the other spouse, they are in fact standing surety for their own debt, as both are joint debtors for obligations incurred during the marriage. Such a contract is a nullity and unenforceable. The dissolution of the marriage and community of property did not retrospectively validate the suretyship, nor did the evidence establish liability for post-nu…