Africa Community Media (Pty) Ltd and Others v Standard Bank of SA Ltd - Application for Leave to Appeal (9318/2022; EC08/2023)
Africa Community Media (Pty) Ltd and Others v Standard Bank of SA Ltd - Application for Leave to Appeal (9318/2022; EC08/2023) [2024] ZAWCHC 43 (19 February 2024)
The court found that the relief granted in September 2023 was not final in substance, despite its fixed duration, as it did not finally determine the parties' rights and allowed for further developments to be considered at a subsequent hearing. The order was not vague or arbitrary, as it clearly excluded statutory reporting obligations and did not prevent the bank from terminating accounts for reasons other than those stated in the termination letters. The applicants established a prima facie right to interim relief, particularly under section 22 of the Constitution, and conflicting decisions…
Source excerpt
- Interim Interdict
- Bank Account Closure
- Freedom Of Trade
- Structural Interdict
- Final Vs Interim Relief
- Constitutional Rights