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South Africa Case Law

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Commercial And Corporate [2019] ZAGPJHC 476

Transnet SOC Limited v Absa Insurance Company Ltd and Others (08853/2016)

Transnet SOC Limited v Absa Insurance Company Ltd and Others (08853/2016) [2019] ZAGPJHC 476 (24 October 2019)

Court
South Gauteng High Court, Johannesburg
Case number
08853/2016
Judge
C G Lamont

High Court case on a performance guarantee, holding that the guarantor had to pay on demand and could not rely on alleged tacit terms or underlying contract disputes.

  • Performance Guarantee
  • Tacit Terms
  • Independent Contracts
  • Bank Liability
  • Interest Award
  • Performance-guarantee
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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.

Source links and collection timestamps are retained alongside the indexed records.