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South Africa Case Law

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Banking And Finance [2004] ZASCA 27

Ikea Trading und Design AG v BOE Bank Ltd (77/2003)

Ikea Trading und Design AG v BOE Bank Ltd (77/2003) [2004] ZASCA 27; 2005 (2) SA 7 (SCA) (1 April 2004)

The court held that a notarial bond under s 1(1) must describe movable property so it is identifiable from the bond alone; extrinsic evidence cannot cure vague descriptions.

  • Notarial Bond Requirements
  • Security By Means Of Movable Property Act
  • Deemed Pledge
  • Description Of Property In Bond
  • Notarial-bond-requirements
  • Security-by-means-of-movable-property-act
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.