n Without Prejudice - Now the court expects private business to be the watchdog : property company law

Volume 12, Issue 4
  • ISSN : 1681-178X



The Supreme Court of Appeal, in a judgement handed down by Petse AJA held that the mortgagee holds no rights in the event of a transfer hit by non-compliance with s34(1) of the Insolvency Act (24 of 1936) as such a transfer (and the resultant registration of mortgage bonds) is void .

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