New Model Projects v Levenbro Centre (Pty) Ltd and Another (2024/019086)
New Model Projects v Levenbro Centre (Pty) Ltd and Another (2024/019086) [2024] ZAGPJHC 236 (8 March 2024)
The applicant failed to establish a prima facie right to the properties, as its evidence of payment and compliance with the sale agreement was incomplete and inconsistent. The respondent provided detailed rebuttal, including affidavits from former shareholders and attorneys denying knowledge of the transaction. The applicant did not adequately explain its conduct regarding occupation and enforcement of its alleged rights. The requirements for an interim interdict were not met: the apprehension of irreparable harm was not substantiated, the balance of convenience favoured the respondent, and a…
Source excerpt
- Interim Interdict
- Ownership Dispute
- Specific Performance
- Company Asset Disposal
- Prescription
- Balance Of Convenience