- Stefanutti Stocks (Pty) Ltd v S8 Property (Pty) Ltd (20088/2013) [2013] ZAGPJHC 2490.20 MB
Summary: Building agreement – enforceability of adjudicator’s decision by court prior to final arbitration – a decision which is binding on the parties who shall give effect thereto without delay unless and until it is revised, requires immediate implementation thereof. Accounts between the parties may be revised by future dispute resolution procedures which have no affect on the interim enforcement of the adjudicator’s decision – The agreement and the rules of adjudication allow for enforcement of the adjudicator’s decision as a contractual obligation by a court.
EMAIL THIS ARTICLE SAVE THIS ARTICLE
To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here