Van Jaarsveld and Others v Standard Bank of South Africa Limited (1735/2021) [2024] ZANCHC 96 (31 May 2024)
Court
Northern Cape High Court, Kimberley
Case number
1735/2021
Judge
Williams
The court dismissed an application for leave to appeal, finding no merit in a challenge to the mortgage bond’s validity and awarding costs on Scale B.
TUHF Urban Finance (RF) Limited v Fountain View Lodge (Pty) Limited and Others (4606/2020) [2021] ZAFSHC 177 (30 June 2021)
Court
Free State High Court, Bloemfontein
Case number
4606/2020
Judge
NS Daniso
The High Court held that TUHF Urban Finance had locus standi to enforce the loan and bond. The debt claim succeeded, but special execution was adjourned sine die.
Nortje and Another v Nedbank Ltd and Others (8667/2019) [2019] ZAWCHC 88 (3 July 2019)
Court
Western Cape High Court, Cape Town
Case number
8667/2019
Judge
O L Rogers
The High Court dismissed an urgent application to stop transfer of a home after sale in execution, holding the challenge to the bond was res judicata and the alleged defect was not fatal.
Absa v Moore [2015] ZASCA 171; 2016 (3) SA 97 (SCA) (26 November 2015)
Court
Supreme Court of Appeal
Case number
20719/2014
Judges
Lewis, Ponnan, Pillay, Saldulker, Van der Merwe
The court held that fraud vitiated the Moores’ intention to transfer ownership, so transfer and the bank’s mortgage bond were without legal effect.
Moore and Another v Sheriff for the District of Vereeniging and Others (22082/2013) [2014] ZAGPJHC 230 (26 September 2014)
Court
South Gauteng High Court, Johannesburg
Case number
22082/2013
Judge
Chohan
The court found that the agreements concluded by the applicants with Brusson and Kabini were simulated transactions intended to secure a loan rather than transfer ownership of the property. There was no consensus to transfer ownership, and the agreements were unlawful, either as an unlawful pactum commisorium or for contravening the National Credit Act. Consequently, the applicants were entitled to restitution of the property, subject to reinstatement of the previous mortgage bonds and repayment of the amount received from Brusson. The mortgage bond registered in favour of ABSA Bank was set a…
Rossitier and Others v Nedbank Ltd (8244/10) [2013] ZAKZPHC 13 (25 February 2013)
Court
Kwazulu-Natal High Court, Pietermaritzburg
Case number
8244/10
Judge
D Pillay
The court dismissed a rescission application, finding the applicants delayed unreasonably, had waived further notice, and raised no substantive defence.