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South Africa decisions
Decisions matching the current search
First Rand Bank Limited t/a RMB Private Bank v Bedeker and Others (79372/2014) [2017] ZAGPPHC 56 (22 February 2017)
The court held the suretyships remained enforceable, the credit facility extensions were not novations, and the certificate of indebtedness was sufficient proof.
McNaughton and Others v Absa Bank Limited (6058/13) [2016] ZAGPPHC 344 (20 May 2016)
The High Court granted condonation and rescinded a default judgment after finding the applicants had a reasonable explanation for delay and a bona fide defence.
Standard Bank of South Africa Limited v Mare (21028/2012) [2014] ZAGPJHC 7 (8 February 2014)
High Court damages claim for fraudulent misrepresentation about pre-sales in a property development finance facility was upheld against a bank employee.
Dr W A A Gouws Management Services CC v Seevnarayan and Others (6998/99) [2012] ZAKZDHC 14 (14 March 2012)
The court found, on the probabilities and the evidence of Gouws and supporting witnesses, that the first defendant undertook primary personal liability for the plaintiff's fees and charges arising from professional services rendered in resolving Sebcom's tax and financial difficulties. The plaintiff relied on the first defendant's financial standing and past conduct, and would not have accepted the mandate without such an undertaking. The subsequent compromise and payment arrangements did not alter the fundamental nature of the original agreement. The claim against the first defendant was est…
Source excerpt
Defy Ltd v Commissioner for the South African Revenue Services (192/09) [2010] ZASCA 11; 2010 (5) SA 416 (SCA); [2010] 3 All SA 275 (SCA); 72 SATC 99 (12 March 2010)
The Supreme Court of Appeal held that Defy’s receipt from its subsidiary was not a capital profit for STC purposes and dismissed the appeal with costs.
Suliman and Others v Estate Agency Affairs Board and Others (15155/2005) [2010] ZAGPPHC 564 (11 February 2010)
The High Court held that the plaintiffs had exhausted available remedies and could recover losses from the Estate Agency Affairs Board under the Fidelity Fund.
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