This is an AI-generated summary of a selected monitored public legal source and may omit context. It is general information only, not legal advice, and is not a substitute for reading the source or consulting an attorney.
AI summary
The High Court considered an application to rescind a default judgment granted in favour of Absa Bank Limited. It found that Rule 31(2)(b) did not apply and dismissed the rescission application under the common law. The court also ordered costs on the attorney and client scale.
This appears to concern rescission procedure, suretyship and costs in a banking dispute.
Evidence from source
This is an application for the rescission of a default judgment granted by this Court on 10 February 2025.
Supports: Summary sentence about the rescission application and default judgment.
This Court agrees with Absa’s submission that Rule 31(2)(b) does not apply. The judgment of 10 February 2025 was not granted under Rule 31(2)(a).
Supports: Summary sentence about Rule 31(2)(b) not applying and rescission under the common law.
The application for rescission of judgment is dismissed.
Supports: Summary sentence about the outcome and dismissal.