1887

oa Codicillus - To discharge or not to discharge a surety? The general prejudice rule

Volume 46, Issue 1
  • ISSN : 0010-020X

 

Abstract

Umthetho wezwe unikeza lowo othathe wathwala isibopho esiyisiqinisekiso ngokomthetho mayelana nokubonelela isibopho somunye uma lowo ehluleka, iqoqo elibabazekayo lezizathu zokukhululwa ngaphansi kwalokho. Lo mbhalo ubhekene nomthetho owaziwa ngokuthi phecelezi yi `general prejudice rule' njengesinye sezizathu ezikhipha lowo othwele isibopho somunye, kuzibopho ezingaphansi kokuthi umuntu athwale isibopho esiyisiqinisekiso somunye. Umbhali ubheka isisekelo somthetho lowo kanye no<I>Bock and others v Duburoro Investments (Pty) Ltd&lt;/I&gt; esimele isimo lapho kungazange kwemukelwe khona lo mthetho. Uthi izinkantolo kumele zihlale zivule umnyango mayelana nokuthuthuka kwezomthetho kulo mkhakha. End

South African law affords the surety a remarkable collection of grounds for discharge from liability under suretyship. This article discusses the so-called `general prejudice rule' as one of the grounds on which the surety may be discharged from the obligations under suretyship. The basis of the rule in <I>Bock and Others v Duburoro Investments (Pty) Ltd</I>, which represents an instance where the rule was rejected, is considered. The author maintains that the courts should open the door to legal developments in this area. End

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/content/codi/46/1/EJC27459
2005-01-01
2016-12-10

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