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Tshaka NO and Others v Standard Bank of South Africa Limited and Another (141/2019) [2020] ZASCA 73 (25 June 2020)

Tshaka NO and Others v Standard Bank of South Africa Limited and Another (141/2019) [2020] ZASCA 73 (25 June 2020)
Citation
Tshaka NO and Others v Standard Bank of South Africa Limited and Another (141/2019) [2020] ZASCA 73 (25 June 2020)
Media Neutral Citation
[2020] ZASCA 73
Hearing date
15 May 2020
Court
Supreme Court of Appeal of South Africa
Case number
141/2019
Judges
Mocumie JA, Ponnan JA, Mbha JA, Nicholls JA, Matojane AJA
Judgment date
25 June 2020
Language
English
Type
Judgment
Flynote

Claim by trust against bank for recovery of monies transferred out
of bank account – bank acting on instructions of authorised signatories – bank insisting on the written instruction of all trustees to stop further transfers – such instruction not forthcoming - bank not liable.

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