Olympus Mobile (Pty) Ltd and Another v Access Bank South Africa Limited (098194/2025)
Olympus Mobile (Pty) Ltd and Another v Access Bank South Africa Limited (098194/2025) [2025] ZAGPJHC 688 (4 July 2025)
The application was struck from the roll for want of urgency. The applicants failed to demonstrate that the matter was urgent, as they delayed in seeking relief and continued correspondence with the respondent for weeks before approaching the court. Furthermore, the applicants did not exhaust alternative remedies available under the master services agreement, specifically arbitration. The requirements for a final interdict were not met, as the applicants failed to establish a clear right, actual or apprehended injury, and the absence of a satisfactory alternative remedy. The balance of conven…
Source excerpt
- Master Services Agreement
- Urgent Interdict
- National Payment Systems Act
- Set Off
- Fraudulent Transactions
- Final Interdict Requirements