Relevant Cases to Banking Law

Major case about creditors not selling for tiny debts:

(Ruled against the bank.)

Jaftha v Schoeman and Others, Van Rooyen v Stoltz and Others (CCT74_03) [2004] ZACC 25; 2005 (2) SA 140 (CC);

 

Case about trying to use breaches of Rule 46  to restrain banks (46 7 e)

FNB v Todd – 46 7 e slight

 

Attaching agreements:

Grove v Nedbank Absence of attachment of agreement not per se fatal to summary judgment

 

Case in which Adv Douglas J Shaw appeared where ABSA denied summary judgment, involves their fire story:

Case-Law-ABSA-v-Jenzen-ABSA-v-Grobbelaar-Rule-186

 

Case about agreement. Its seems by Adv Silver in his own cause. Ruled against the bank.

Absa v Silver (4984_2010)- useful , no agreement, advocate silver

 

Cases rejecting early argument about securitisation and agency:

ABSA Bank Ltd v Terblanche17330_2012) [2012] ZAWCHC 369 = rejects securitisation and agency

Case when the case was securitised and ABSA admitted it and proved the cession:

(Ruling for Bank)

Securitisation Confirmation Case 1

 

Arguments about municipal rates in Sale in Execution, probably now superceded by the Gazetted Sales in Execution Rules 46A

Mkontwana – munipal rates – probably now irrelevant CC

 

Case by Stellebosh law clinic dealing with emolument attachments orders (sometimes wrongly called garnishee). Ruling is against the banks/creditors.

Stellenbosh -Emolument Attachment Orders case

Liquidation:

Intramed – liquidation case

Sale in Execution for too little – Ruling against the bank.

Nxazonke

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