n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - A final curtain call, but perhaps not the last word on the reversal of credit transfers : Nedbank Ltd v Pestana : case comments
|Article Title||A final curtain call, but perhaps not the last word on the reversal of credit transfers : Nedbank Ltd v Pestana : case comments|
|© Publisher:||Juta Law Publishing|
|Journal||SA Mercantile Law Journal = SA Tydskrif vir Handelsreg|
|Publication Date||Jan 2009|
|Pages||396 - 404|
In Pestana v Nedbank Limited (2007 JDR 0353 (W)), Mathopo J at first instance held that Nedbank was entitled to reverse the credit in the second Pestana's account since the employee at the Carletonville branch who had passed the credit had done so erroneously or in the mistaken belief that there was no prior claim on the money (in par 21).
Article metrics loading...