Caterpillar Financial Services South Africa (Pty) Ltd v Khongo Investments (Pty) Ltd (2025/015339)
Caterpillar Financial Services South Africa (Pty) Ltd v Khongo Investments (Pty) Ltd (2025/015339) [2025] ZAGPJHC 692 (30 June 2025)
The court found that Catfin failed to demonstrate exceptional circumstances justifying deviation from the audi alteram partem principle. Catfin did not discharge its duty of utmost good faith, having failed to disclose material facts regarding ongoing negotiations, settlement attempts, and the existence of insurance. The reasons advanced for ex parte relief were speculative and unsupported by evidence. Notice of the application would not have defeated the purpose of the order, especially as Catfin had previously notified Khongo of its intention to bring urgent proceedings. The court held that…
Source excerpt
- Ex Parte Applications
- Reconsideration Under Rule 6 12 C
- Duty Of Utmost Good Faith
- Material Non Disclosure
- Exceptional Circumstances
- Interim Interdicts