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[24] It is now necessary to consider to what extent, if any, the position of Maple as against FNB differed from Dambha’s position as against Nedbank. Payment is a bilateral juristic act requiring the meeting of two minds (Burg Trailers SA (Pty) Ltd and Another v Absa Bank Ltd and Others 2004 (1) SA 284 (SCA) at 289B). Where A hands over money ...
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CASE NO: 27/2004 In the matter between : NISSAN SOUTH AFRICA...
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Date: 1 October 2004. Status: Immediate. NISSAN SOUTH AFRICA (PTY) LIMITED v MARNITZ, NADIA N., KEEVY, KAREN N. AND FIRSTRAND BANK LIMITED. Please note that the media summary is intended for the benefit of the media and does not form part of the judgment of the Supreme Court of Appeal.
cases of First National Bank of Southern Africa Ltd v Perry NO1 and Nissan South Africa (Pty) Ltd v Marnitz NO,2 a development in our law had taken place in terms of which a bank which has credited a thief’s account with the proceeds of stolen money is liable to the owner of the money because it has no obligation to account to its
nissan south africa (pty) limited v marnitz, nadia n.o. & 2 others, case no: (27/2004), (1 october 2004) size: 171.79 kb
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.
This is a case summary of the Nissan v Marnitz judgement, which concerns the issue of an unauthorised EFT and whether the bank may reverse the credit entry of
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