Article by Avyakta Sing, Candidate Attorney, checked by Celeste Frank, Assosiate and released by Chantelle Gladwin-Wood, Partner at Schindlers Attorneys 27 July 2022 BACKGROUND On March 30, 2015, Ms. Theron (“the Applicant”) and Rainbow Farm (PTY) Ltd (“the Respondent”) entered into a settlement agreement under the CCMA following the referral by the Applicant of a
SUMMARY During 2013 Mr Ratlou (“Ratlou”) acquired Phapo Nkone Transport (Pty) Ltd (“PNT”) together with its business. Subsequently, on 24 October 2013, he executed a deed of suretyship in favour of MAN Financial Services SA (Pty) Ltd (“MAN”) to secure a lease agreement between MAN and PNT relating to the lease of trucks and trailers.
SUMMARY During 2013 Mr Ratlou (“Ratlou”) acquired Phapo Nkone Transport (Pty) Ltd (“PNT”) together with its business. Subsequently, on 24 October 2013, he executed a deed of suretyship in favour of MAN Financial Services SA (Pty) Ltd (“MAN”) to secure a lease agreement between MAN and PNT relating to the lease of trucks and trailers.