UMK Property Developers (Pty) Ltd v Rabie and Another (083931/2024)
UMK Property Developers (Pty) Ltd v Rabie and Another (083931/2024) [2025] ZAGPPHC 567 (9 June 2025)
The Court found that the first respondent had multiple opportunities to oppose the sequestration application or to apply for rescission of the default judgment but failed to act with the required urgency or seriousness. The request for postponement was not supported by a satisfactory explanation, and the purported rescission application was not properly issued. The Court held that a rescission application does not suspend execution of an order unless a specific application for suspension is made. The interests of justice did not warrant further indulgence to the first respondent, and the appl…
Source excerpt
- Final Sequestration
- Postponement Of Hearing
- Rescission Of Judgment
- Default Judgment
- Rule Nisi
- Costs In Sequestration