Ex Parte Fuls and Three Similar Matters 2016 (6) SA 128 (GP)
Tuesday, 27 November 2018
SUMMARY Each of the four Applicants, respectively, had entered into various credit agreements in terms of the National Credit Act (“NCA”). Subsequent thereto, the Applicants were unable to make payment of their respective liabilities and the Applicants’ only realisable assets consisted of moveable assets with minimal value. As such, they applied for the voluntary surrender
- Published in News, 2018, Commercial Law
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Firstrand Bank Ltd v The Land and Agricultural Development Bank of South Africa (436/13) [2014] ZASCA 115 (18 September 2014)
Wednesday, 26 September 2018
SUMMARY Court a quo: Firstrand Bank Limited (“Firstrand”) registered a general notarial bond (“GNB”) over all of the movable assets of Rubaco Boerdery (Edms) Bpk (“Rubaco”). Prior to the liquidation of Rubaco, Firstrand obtained an order perfecting its GNB to the amount of R5,500,000.00 (Five Million and Five Hundred Thousand Rand). Thereafter, the sheriff of
- Published in News, 2018, Notarial Law
