Ratlou v MAN Financial Services (1309/2017) [2019] ZASCA 49
Wed, 26 Feb 2020
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.
- Published in 2019, Contracts, Credit Regulation, News, Procedural law
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Ratlou v MAN Financial Services (1309/2017) [2019] ZASCA 49
Mon, 15 Jul 2019
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.
- Published in 2019, Contracts, Credit Regulation, News, Procedural law