Hollard Insurance Company Ltd v Force Fuel (Pty) Ltd and Another (2020/34408)
Hollard Insurance Company Ltd v Force Fuel (Pty) Ltd and Another (2020/34408) [2024] ZAGPJHC 41 (19 January 2024)
The High Court held Labat Africa Ltd liable under a suretyship and indemnity for R20 million paid by Hollard under a guarantee issued at Force Fuel’s request.
- Suretyship
- Indemnity
- Financial Assistance Under Companies Act
- Guarantee Liability
- Corporate Authority
- Guarantees