Business Partners Ltd v Silver Stars Trading 245 CC and Another (14408/2008)
Business Partners Ltd v Silver Stars Trading 245 CC and Another (14408/2008) [2012] ZAGPPHC 76 (15 May 2012)
High Court holds no compromise discharged a loan debt, but refuses enforcement of a simulated “royalty” interest scheme as contrary to public policy.
- Loan Agreement
- Simulated Transaction
- Usury Act Avoidance
- Public Policy
- Interest Rate
- Counter Claim