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AI summary
The Supreme Court of Appeal considered whether section 127(8) of the National Credit Act gives exclusive jurisdiction to the magistrates' court for shortfall claims after repossessed or surrendered goods are sold. It held that the section does not oust the High Court's jurisdiction and that both courts have concurrent jurisdiction for such claims.
This appears to concern credit providers, consumers, and litigation in both the High Court and magistrates' court under the National Credit Act.
Evidence from source
Both courts enjoy concurrent jurisdiction to adjudicate shortfall claims
Supports: Summary sentence 2 and the concurrent jurisdiction finding.