BACKGROUND AND SUMMARY The Supreme Court of Appeal (“the SCA”) recently dismissed an appeal brought by NPGS Protection and Security Services CC (“the First Appellant”) and Mr. Llwellyn Rwaxa (“the Second Appellant”), herein after collectively referred to as “the Appellants” against a judgment of the High Court of South Africa, Gauteng Local Division, Johannesburg (“the
SUMMARY During 2009, Mackintosh (“the First Respondent”) and Mabili Search & Selection (Pty) Ltd (“the Second Respondent”) concluded an oral loan agreement for the amount of R2million (“the Agreement”).  Subsequent to the conclusion of the Agreement, the parties signed a written acknowledgement of debt (“AOD”) wherein the Second Respondent, as the debtor, acknowledged its indebtedness
BACKGROUND Chartered Life Insurance Company Ltd, later known as Liberty Active Ltd, ceded, to the Plaintiff, all its rights and interests in and to any claim that may arise from the payment of commissions from the broking agreements concluded by ECE. The eight defendants independently bound themselves as sureties and co-principal debtors in solidum to