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South Africa Case Law

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Banking And Finance [2022] ZAGPJHC 38

Prudential Authority v Mayongo and Another (21547/2020)

Prudential Authority v Mayongo and Another (21547/2020) [2022] ZAGPJHC 38 (26 January 2022)

Court
South Gauteng High Court, Johannesburg
Case number
21547/2020
Judge
S Mahomed

The High Court refused a postponement and granted final sequestration of the respondents’ joint estate after finding unauthorised deposit-taking and non-repayment under the Banks Act.

  • Unauthorised Deposit Taking
  • Business Of A Bank
  • Act Of Insolvency
  • Sequestration Procedure
  • Advantage To Creditors
  • Unauthorised-deposit-taking
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South Africa decisions are organised by court, judge, legal area and indexed issue so a practitioner can move from a proposition to a citable authority with the surrounding context intact.

Source links and collection timestamps are retained alongside the indexed records.