Astfin North (Pty) Ltd t/a Assetfin (previously known as IAB Financial Services) v Digital Direct CC and Another (87605/14)
Astfin North (Pty) Ltd t/a Assetfin (previously known as IAB Financial Services) v Digital Direct CC and Another (87605/14) [2020] ZAGPPHC 340 (27 July 2020)
The High Court held that the penalty clause in rental agreements was not disproportionate to the plaintiff’s prejudice and awarded the full claim.
- Conventional Penalties Act
- Specific Performance
- Penalty Stipulation
- Contractual Breach
- Reduction Of Penalty
- Conventional-penalties-act