South Africa Case Law

Land en Landboubank van Suid Afrika v Meester van die Hooggeregshof Kimberley en Andere (438/89)

Land en Landboubank van Suid Afrika v Meester van die Hooggeregshof Kimberley en Andere (438/89) [1991] ZASCA 38; [1991] 4 All SA 528 (AD) (27 March 1991)

Court

Supreme Court of Appeal

Case number

438/89

Judges

Joubert, Smalberger, Eksteen, Preiss, Krieger

The court held that the Land Bank could not execute against ceded claim proceeds where a cooperative held security in securitatem debiti.

• Parate Execution
• Session In Securitatem Debiti
• Insolvency Preference
• Statutory Powers Of Land Bank
• Interpretation Of Statutes
• Cession-in-securitatem-debiti