Qayisa NO and Others v Alticon Group (Pty) Ltd and Others (28143/17) [2019] ZAGPJHC 467 (20 December 2019)
Court
South Gauteng High Court, Johannesburg
Case number
28143/17
Judge
Meyer
The court found that Daggafontein failed to pay the initial R10 million deposit by the stipulated date, which constituted a breach of the sale of land agreement. STI's notice of breach, although demanding more than was due, clearly identified the actual breach and informed Daggafontein of what was required to remedy it. The demand for R40 million was premature but did not invalidate the notice regarding the R10 million. Daggafontein remained in default and did not pay the required amount within seven days of the notice. The contractual conditions for cancellation were therefore fulfilled, and…