AD Trade Belgium SPRL Private Limited v Central Bank of Guinea and Others (57858/2021)
AD Trade Belgium SPRL Private Limited v Central Bank of Guinea and Others (57858/2021) [2024] ZAGPPHC 300; [2024] 2 All SA 806 (GP) (5 April 2024)
The court held that Rule 21 of the Uniform Rules of Court applies to all parties to proceedings, including defendants who have not filed a plea and who elect to abide by the court's decision. Standard Bank, as a party to the litigation, can be compelled to deliver further particulars if such particulars are strictly necessary for trial preparation. The court found that the information sought by Ad Trade regarding the ownership, control, and transactions of the disputed accounts is central to the issues in the main action and necessary to prevent surprise at trial. Standard Bank's obligations…
Source excerpt
- Request For Further Particulars
- Discovery Affidavit
- Financial Intelligence Centre Act
- Money Laundering Controls
- Confidentiality Of Bank Records
- Trial Preparation