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South Africa Case Law

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Banking And Finance [2012] ZASCA 18

Standard Bank of South Africa Ltd v Echo Petroleum CC (192/11)

Standard Bank of South Africa Ltd v Echo Petroleum CC (192/11) [2012] ZASCA 18; 2012 (5) SA 283 (SCA) (22 March 2012)

Court
Supreme Court of Appeal
Case number
192/11
Judges
Heher, Snyders, Malan, Wallis, Boruchowitz

The Supreme Court of Appeal held that Echo could not reclaim funds deposited into Sky’s bank account after the bank lawfully set off the credit against Sky’s debt.

  • Set Off
  • Ownership Of Deposited Funds
  • Unjust Enrichment
  • Cash On Delivery
  • Bank Customer Relationship
  • Bank-set-off
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

Source links and collection timestamps are retained alongside the indexed records.