Tusk Construction Support Services (Pty) Ltd v Tokologo Local Municipality (628/2017)
Tusk Construction Support Services (Pty) Ltd v Tokologo Local Municipality (628/2017) [2024] ZAFSHC 63 (29 February 2024)
The court found that the defendant was properly notified of the cession and was aware of the plaintiff's entitlement to payment as early as October 2010. Payment certificates issued after notification signified debts owed by the defendant to Thiza, which, by virtue of the cession, were due to the plaintiff. The defendant's argument that Thiza had abandoned the site and was not entitled to retention money was rejected, as evidence showed the contract was not terminated and payment certificates continued to be issued in Thiza's name. The plaintiff only acquired knowledge of the relevant facts n…
Source excerpt
- Cession In Securitatem Debiti
- Prescription Act
- Notification Of Debtors
- Retention Money
- Liquidation Proceedings