n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - The persistent meanness of banks transforms judge into praetor : First Rand Bank Ltd v Soni : case comments
|Article Title||The persistent meanness of banks transforms judge into praetor : First Rand Bank Ltd v Soni : case comments|
|© Publisher:||Juta Law Publishing|
|Journal||SA Mercantile Law Journal = SA Tydskrif vir Handelsreg|
|Publication Date||Jan 2009|
|Pages||249 - 259|
The judgment in FirstRand Bank Ltd v Soni (2008 (4) SA 71 (N)) demonstrates once again the recurring demands on the South African courts to come to the rescue of debtors. (For other examples, see Jaftha v Schoeman & Others; Van Rooyen v Stolz & Others 2005 (2) SA 140 (CC); Nedbank Ltd v Mortinson 2005 (6) SA 462 (W); Standard Bank of South Africa Ltd v Saunderson & Others 2006 (2) SA 264 (SCA); ABSA Bank Ltd v Ntsane & Another 2007 (3) SA 554 (T); Nedbank Ltd v Mashiya & Another 2006 (4) SA 422 (T); Herselman v Nedcor Bank Ltd & another  JOL 22136 (SE); 2008 JDR 0536 (SE); Campbell v Botha & Others 2009 (1) SA 238 (SCA).) Although there are statutory protection measures (eg, the Constitution of the Republic of South Africa, 1996 (the Constitution) and the National Credit Act 34 of 2005 (the NCA)), the task has fallen largely on the shoulders of the courts to protect debtors who suffer at the hands of unscrupulous creditors (often, but not only, banks). Examples of unacceptable conduct by creditors are Jaftha v Schoeman (supra); Nedbank Ltd v Mortinson (supra); ABSA Bank Ltd v Ntsane (supra); Nedbank Ltd v Mashiya (supra); Herselman v Nedcor Bank Ltd (supra); and Campbell v Botha (supra).
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