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Reportable. CASE NO: 27/2004. In the matter between : NISSAN SOUTH AFRICA (PTY) LIMITED Appellant. and. MARNITZ, NADIA N.O. First Respondent. KEEVY, KAREN N.O. Second Respondent. FIRSTRAND BANK LIMITED Third Respondent. and. STAND 186 AEROPORT (PTY) LIMITED Intervening Party.
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CASE NO: 27/2004 In the matter between : NISSAN SOUTH AFRICA...
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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 dismissed. Nissan, by mistake, paid an amount into an incorrect bank account being the bank account of Maple Freight with Standard Bank.
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) LIMITED v MARNITZ, NADIA N.O. & 2 OTHERS, CASE NO: (27/2004), (1 OCTOBER 2004) / Download Summary Overview. Search. Up. Summary. List of files selected for download. ... NEWS; PRACTICE DIRECTIONS; Links; Contact us; Contact us +27 51 412 7400
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.
1 Σεπ 2021 · First National Bank of Southern Africa v Perry, Nissan South Africa v Marnitz NO and Absa Bank v Lombard Insurance, as well as Trustees, Estate Whitehead v Dumas and Absa Bank v Moore, together amount to a concerted attempt on the part of South African courts to provide victims of the theft of incorporeal money with adequate redress.
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.
