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Banking And Finance [2015] ZAGPJHC 302

Grinaker LTA Rail Link Joint Venture v Absa Insurance Company Limited and Others (24110/2014)

Grinaker LTA Rail Link Joint Venture v Absa Insurance Company Limited and Others (24110/2014) [2015] ZAGPJHC 302 (10 November 2015)

Court
South Gauteng High Court, Johannesburg
Case number
24110/2014
Judge
DC Fisher

The High Court held that an on-demand construction guarantee required strict compliance, and dismissed the application because the certificate did not meet its terms.

  • Performance Guarantee
  • Strict Compliance
  • Certificate Of Breach
  • On Demand Guarantee
  • Performance-guarantee
  • Strict-compliance
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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.