Search judgments by proposition, citation, court, judge or legal topic, then move directly into the source-grounded case analysis.
Results update automatically as you type.
South Africa decisions
Decisions matching the current search
Registrar of Banks v Sambo (6676/2017) [2017] ZAGPJHC 415 (13 November 2017)
The High Court granted provisional sequestration of Sambo’s estate after finding he participated in an unlawful deposit-taking scheme and was insolvent.
Registrar of Banks v Sambo (6676/2017) [2017] ZAGPJHC 430 (13 November 2017)
The High Court provisionally sequestrated Sambo’s estate after finding he failed to repay money obtained through an unlawful deposit-taking scheme and was insolvent.
Registrar of Banks v Khambule and Others (26009/2014) [2016] ZAGPJHC 318 (23 March 2016)
The court found that the respondents operated a deposit-taking scheme constituting the business of a bank without registration, in contravention of section 11(1) of the Banks Act. The Registrar issued a valid directive under section 83(1) requiring repayment of unlawfully obtained funds, which the respondents failed to comply with. This failure constitutes an act of insolvency under section 83(3)(b). The final report of repayment administrators established that the respondents' liabilities far exceeded their assets, confirming factual insolvency. The constitutional challenge to section 84(1A)…
Source excerpt
Explore more
