Standard Bank of South Africa Limited v Troskie Consultants (Pty) Ltd and Another (2023/012036)
Standard Bank of South Africa Limited v Troskie Consultants (Pty) Ltd and Another (2023/012036) [2025] ZAGPJHC 664 (8 July 2025)
The court found that the applicant and first respondent entered into seven instalment sale agreements, which the first respondent breached by failing to make payments. The respondent’s defence that the applicant’s omission of VAT numbers and addresses caused SARS to reject VAT claims, thereby making performance impossible, was rejected. The agreements did not make payment conditional on VAT refunds, and the respondent was responsible for ensuring correct information was included. The court held that any impossibility was subjective and self-created, not objective. Payments were made for a sub…
Source excerpt
- Instalment Sale Agreements
- Contract Cancellation
- Specific Performance
- Duty Of Care
- Dispute Of Fact