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AI summary
The High Court granted summary judgment to Nedbank for payment of R164 219.16 arising from a motor vehicle instalment sale agreement. The judgment also dealt with objections based on jurisdiction, prescription, and the calculation of the amount due, and found those objections to be bad in law.
This may be relevant to matters involving summary judgment, instalment sale agreements, prescription, and contractual jurisdiction clauses.
Evidence from source
Nedbank Limited (Nedbank) brings an application for summary judgment, seeking payment of a shortfall under an instalment sale agreement for a motor vehicle.
Supports: plain_summary sentence 1
No triable issue emerges from the plea. The jurisdictional objection and the prescription point are bad in law.
Supports: plain_summary sentence 2