Nedbank Limited v Houtbosplaas (Pty) Ltd and Another (164/2021)
Nedbank Limited v Houtbosplaas (Pty) Ltd and Another (164/2021) [2022] ZASCA 69; [2022] 3 All SA 361 (SCA); 2022 (6) SA 140 (SCA) (19 May 2022)
The Supreme Court of Appeal held that Nedbank unlawfully refused to close two companies’ accounts and was liable for mora interest after delaying transfer of their funds.
- Banker Client Relationship
- Financial Intelligence Centre Act
- Mora Interest
- Summary Closure Of Accounts
- Shareholder Voting Rights
- Contractual Termination