Telkom SA SOC Ltd v Pillay (27532/21)
Telkom SA SOC Ltd v Pillay (27532/21) [2023] ZAGPJHC 296 (3 April 2023)
The court found that the respondent, by signing the deed of suretyship, bound himself as surety and co-principal debtor for the debts of R&R Wholesalers arising from the dealer agreement with Telkom. The evidence, including contemporaneous email correspondence and the wording of the suretyship, established that the respondent was aware of the nature and scope of the security provided. The respondent failed to discharge the onus of proving iustus error or any misrepresentation by Telkom. The court held that the suretyship covered the debt claimed and was enforceable against the respondent. The…
Source excerpt
- Suretyship
- Rectification Of Contract
- Dealer Agreement
- Enforcement Of Security
- Quantum Of Debt