Van Veluw Beheer Bv v Maxxliving Pty Ltd and Another (A2023/045208)
Van Veluw Beheer Bv v Maxxliving Pty Ltd and Another (A2023/045208) [2024] ZAGPJHC 505 (22 May 2024)
The applicant failed to establish that the respondent is commercially insolvent or that the debt is not genuinely disputed on bona fide and reasonable grounds. The respondent provided detailed evidence of defects in the goods supplied, correspondence disputing the debt, and steps taken consistent with the agreement, including cancellation and tender of return. The section 345 notice was defective and did not comply with statutory requirements. The founding affidavit, while challenged, was found to be substantially compliant with the Commissioner of Oaths regulations. The choice of law clause…
Source excerpt
- Company Liquidation
- Commercial Insolvency
- Bona Fide Dispute
- Defective Goods
- Choice Of Law
- Founding Affidavit Compliance