Click here to read the full judgment on Saflii
Summary: Contract law – performance guarantee – whether in terms of the underlying contract in this case the beneficiary under a performance guarantee was prevented from demanding payment.
https://www.polity.org.za/article/joint-venture-between-aveng-africa-pty-ltd-and-strabag-international-gmbh-v-south-african-national-roads-agency-soc-ltd-and-another-5772019-2020-zasca-146-2020-11-13
13th November 2020
Click here to read the full judgment on Saflii
Summary: Contract law – performance guarantee – whether in terms of the underlying contract in this case the beneficiary under a performance guarantee was prevented from demanding payment.