Falk N.O. and Others v Rapitrade 659 (Pty) Ltd and Others (3519/2021)
Falk N.O. and Others v Rapitrade 659 (Pty) Ltd and Others (3519/2021) [2022] ZAWCHC 128 (9 May 2022)
The court found that the Trust, as landlord, had a valid lease agreement with the first respondent, and the second and third respondents were sureties for its obligations. The dissolution of the first respondent was planned and executed by the respondents, who now seek to avoid liability for arrear rental by relying on the deregistration. The Trust never consented to any cession or assignment of rights under the lease, and the written agreement required such consent for any change in tenant or subletting. The respondents' arguments that Personal Laundry became the true tenant and that the Tru…
Source excerpt
- Company Dissolution
- Suretyship Liability
- Retrospective Reinstatement
- Lease Agreement Enforcement