South Africa Case Law

Murray N.O. and Others v Humansdorp Co-Operative Limited (1697/2019)

Murray N.O. and Others v Humansdorp Co-Operative Limited (1697/2019) [2021] ZAECGHC 70 (26 July 2021)

Court

Eastern Cape High Court, Grahamstown

Case number

1697/2019

Judge

Stretch

Liquidators sought to set aside a payment to Humansdorp Co-operative as a disposition without value. The court held the company received value and dismissed the application.

• Disposition Without Value
• Liquidation
• Production Loan Security
• Bank Guarantees
• Cession Of Claims
• Section 26 Insolvency Act