Silvo Transport CC v Minister of Safety and Security (24711/1996)
Silvo Transport CC v Minister of Safety and Security (24711/1996) [2017] ZAGPJHC 105 (24 February 2017)
The court found that while the plaintiff was the owner of the truck and trailer and entitled to their market value, it failed to prove it was trading as a close corporation at the relevant time or that it suffered a loss of income due to deprivation of the vehicles. The evidence showed the contract with Marlin Granite was entered into with the partnership, not the CC, and the plaintiff could not produce financial records or expert evidence to substantiate its claim for loss of profit. The calculations presented were based on unsubstantiated opinion and industry norms, lacking factual foundati…
Source excerpt
- Unlawful Seizure Of Property
- Loss Of Income
- Prescribed Rate Of Interest Act
- Action Ad Exhibendum