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

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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