Chevron South Africa (Pty) Ltd v Ufudu Transport (Pty) Ltd and Others (2010/14665)
Chevron South Africa (Pty) Ltd v Ufudu Transport (Pty) Ltd and Others (2010/14665) [2016] ZAGPJHC 251 (6 September 2016)
The court found that Chevron delivered petroleum products to Ufudu, as evidenced by signed delivery notes and certificates of balance, subject to a minor discrepancy reducing the claim by R729.55. Mooipan acted with authority from Ufudu under a joint-venture agreement to purchase petroleum products from Chevron on Ufudu's account. However, the authority granted to Mooipan was effectively revoked by Mrs Ngwenya's letter dated 25 February 2008, sent on instructions of the new sole director, Mr Masinga. The court held that, although the revocation constituted a breach of the joint-venture agreem…
Source excerpt
- Suretyship
- Revocation Of Authority
- Joint Venture Agreement
- Agency Law
- Prima Facie Proof
- Security For Debt