Louis Pasteur Holdings (Pty) Ltd and Others v Absa Bank Limited and Others (1119/2017; 1120/2017)
Louis Pasteur Holdings (Pty) Ltd and Others v Absa Bank Limited and Others (1119/2017; 1120/2017) [2018] ZASCA 163; 2019 (3) SA 97 (SCA) (29 November 2018)
SCA held rental income ceded as security could not be used in business rescue without creditor consent unless it fully discharged the debt.
- Business Rescue
- Cession Of Rental Income
- Companies Act 71 Of 2008
- Liquidation
- Rule 33 4 Separation
- Security Interest