The Ins and Outs of the Assets that may be Secured in Notarial Bonds
Wednesday, 06 November 2019
INTRODUCTION Commonly, creditors need to decide on the method in which to obtain the best security for the due and proper performance by the debtor of its obligations under, for example, a loan agreement. Often, creditors decide on a special and general notarial bond which provides the best possible security in one document without incurring
- Published in 2019, Notarial Law
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Ikea Trading und Design AG v BOE Bank Ltd (77/2003) [2004] ZASCA 27 (1 April 2004)
Friday, 10 August 2018
SUMMARY The First Respondent, BOE Bank, was the holder of a general notarial bond over Woodlam Industries CC (“Woodlam”) which was placed into final liquidation in October 1999 and as a result, BOE Bank applied to the Eastern Cape High Court for an order that the liquidation and distribution account be amended to include the
- Published in News, 2018, Conveyancing, Notarial Law
