Trollip v Latrostax (Pty) Ltd and Others (3962/2024)
Trollip v Latrostax (Pty) Ltd and Others (3962/2024) [2025] ZAMPMBHC 14 (10 February 2025)
The applicant failed to establish that Latrostax (Pty) Ltd does not have a bona fide defence to the claim for repayment of bridging finance. The authority of Mr Todd to bind Latrostax remains unresolved and is a triable issue. The documentary evidence, including financial statements and board minutes, does not conclusively prove Latrostax's indebtedness, and the explanation provided by Latrostax regarding the payment and the role of its shareholders is consistent with its defence. Summary judgment is inappropriate where material disputes of fact and authority exist, and these must be determin…
Source excerpt
- Summary Judgment
- Authority Of Agent
- Oral Agreement
- Liquidated Claim
- Company Directors