Lona Citrus (Pty) Ltd v Vutsela Iglobju Investments (Pty) Ltd (2045/24)
Lona Citrus (Pty) Ltd v Vutsela Iglobju Investments (Pty) Ltd (2045/24) [2025] ZAMPMBHC 36 (13 May 2025)
The court found that the Marketing Agreement was terminated by the Deed of Cession, rendering the respondent's point in limine regarding notice of breach irrelevant. The Deed of Cession, signed by both parties, irrevocably ceded the respondent's rights to proceeds from Karino and any future exporter to the applicant, with the respondent remaining liable for any outstanding balance if the debt could not be recovered from those parties. The certificate of account issued by the applicant's director constituted prima facie proof of the respondent's indebtedness, and the respondent failed to provi…
Source excerpt
- Contract Enforcement
- Deed Of Cession
- Certificate Of Indebtedness
- Motion Proceedings
- Prima Facie Evidence