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Nissan South Africa (Pty) Ltd. v Marnitz NO and Others (Stand 186 Aeroport (Pty) Ltd. Intervening) (27/2004) [2004] ZASCA 98; [2006] 4 All SA 120 (SCA); 2005 (1) SA 441 (SCA) (1 October 2004) Last Updated: 7 December 2004. THE SUPREME COURT OF APPEAL. Reportable.
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CASE NO: 27/2004 In the matter between : NISSAN SOUTH AFRICA...
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13 Απρ 2021 · In Nissan South Africa (Pty) Limited v Marnitz NO and others, the Court was required to decide whether a bank can unilaterally reverse a credit without the consent of the recipient. In...
14 Απρ 2021 · In Nissan South Africa (Pty) Limited v Marnitz NO and others, the court was required to decide whether a bank can unilaterally reverse a credit without the consent of the recipient. In answering this question, the SCA held that payment is a bilateral act and requires the meeting of two minds.
The Supreme Court of Appeal today upheld an appeal by Nissan South Africa (Pty) Ltd against a judgment of the Witwatersrand Local Division of the High Court. In terms of the judgment a claim by Nissan South Africa (Pty) Ltd for the payment of an amount standing to the credit of Maple Freight CC (in liquidation) with First National Bank was ...
13 Απρ 2021 · In Nissan South Africa (Pty) Limited v Marnitz NO and others, the court was required to decide whether a bank can unilaterally reverse a credit without the consent of the recipient. In answering this question, the SCA held that payment is a bilateral act and requires the meeting of two minds.
Nissan South Africa (Pty) Ltd v Marnitz and Others 2005 (SCA) Facts: On its customer's (the appellant's) instructions, Firstrand Bank Ltd (FNB) (the third respondent) transferred an amount in excess of R12 E million from the appellant's account to an account held by one of the appellant's creditors, TSW, at the Standard Bank ...
Nissan South Africa (Pty) Ltd v Marnitz NO and others (Stand 186 Aeroport (Pty) Ltd intervening) [20 Case summary of the Nissan case, that dealt with the reversal of funds... View more
