https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Case Law / All Case Law RSS ← Back
Africa|Business|Rental
Africa|Business|Rental
africa|business|rental
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Airports Company SA Ltd v Masiphuze Trading (Pty) Ltd and Others (1120/2018) [2019] ZASCA 150

Close

Embed Video

Airports Company SA Ltd v Masiphuze Trading (Pty) Ltd and Others (1120/2018) [2019] ZASCA 150

Airports Company SA Ltd v Masiphuze Trading (Pty) Ltd and Others (1120/2018) [2019] ZASCA 150

22nd November 2019

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Click here to read the full judgment on Saflii

[1]     This is a dispute over the validity and binding effect of a deed of suretyship signed by the third respondent, Mr Nemukula, for the obligations of the first respondent, Masiphuze Trading (Pty) Ltd (Masiphuze), under an agreement of lease. In 2009 Masiphuze leased premises at the King Shaka International Airport from the appellant, the Airports Company South Africa Limited (ACSA). Its purpose was to operate a Wimpy franchise. The lease was to commence on 1 May 2010 and expire on 30 April 2015. In 2014 ACSA complained that Masiphuze had fallen into arrears with the payment of rental and accordingly gave notice terminating the lease and instituted action to recover arrear rentals, damages for holding over, ejectment and costs. The directors and shareholders of Masiphuze, Messrs Goldreich, Nemukula and O’Driscoll, were joined as the second to fourth defendants respectively on the basis that they had bound themselves as sureties for and co-principal debtors with Masiphuze for the due performance of the latter’s obligations under the lease.

Advertisement

[2]    When the matter came to trial it proceeded against only Mr Nemukula. Masiphuze had entered business rescue. Messrs Goldreich and O’Driscoll defended the action separately from Mr Nemukula and their attorneys withdrew shortly before the trial. The action was accordingly adjourned sine die against them. After a three day trial Koen J dismissed ACSA’s claim against Mr Nemukula. The appeal is with his leave.

To watch Creamer Media's latest video reports, click here
 
Advertisement

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za