Ikea Trading und Design v BOE Bank
South African legal case / From Wikipedia, the free encyclopedia
Ikea Trading und Design AG v BOE Bank Ltd, an important case in South African property law, was decided in the Supreme Court of Appeal on 1 April 2004. It concerned the meaning of section 1(1) of the Security by Means of Movable Property Act, 1993, which specified the requirements for the registration of a special notarial bond over movable property. In a judgment written by Judge of Appeal Carole Lewis, the court held unanimously that section 1(1) required that the bond should specify and describe the relevant property in such a manner that the property is "readily recognisable" from that description alone, without reference to extrinsic evidence.
Quick Facts Ikea Trading und Design v BOE Bank, Court ...
Ikea Trading und Design v BOE Bank | |
---|---|
Court | Supreme Court of Appeal (South Africa) |
Full case name | Ikea Trading und Design AG v BOE Bank Ltd |
Decided | 1 April 2004 |
Docket nos. | 77/2003 |
Citation(s) | [2004] ZASCA 27; ; 2005 (2) SA 7 (SCA) |
Court membership | |
Judges sitting | Zulman JA, Farlam JA, Nugent JA, Lewis JA and Ponnan AJA |
Case opinions | |
Decision by | Lewis JA (unanimous) |
Close