• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

See More

Verdict in winemaker, Land Bank case soon

Feb 21 2011 13:46 Sapa

Related Articles

Winemaker, Land Bank in legal clash

Concourt to hear wine estate appeal

Land Bank to repossess 557 farms

Land Bank legal action on hold

Gordhan: Land Bank on new path

Three arrested for Land Bank fraud

Bloemfontein - Judgment will be delivered by the Constitutional Court on Tuesday in the dispute between well-known winemaker Nicolas Krone, from Twee Jonge Gezellen, and the Land Bank.

The matter relates to R37.9m the Land Bank was demanding from Krone and Twee Jonge Gezellen.

The Land Bank submitted that Krone and his company signed an acknowledgement of debt for that amount in the Land Bank's favour.

The bank obtained a provisional order from the High Court in Cape Town that the money be paid within two months.

Krone argued in the Constitutional Court that the legal process of provisional court orders was unconstitutional.

He submitted that the provisional court order deprived him and his company of the right to prove in court that, among other things, the amount owed was actually R20m.

The law requires a full payment of the provisional order to the Land Bank before the case can proceed.

Krone and his company argued that the provisional order was unconstitutional because it limited their right of access to courts and because it allowed only those who can pay to defend the action.

In so doing, it denied those who could not pay equal protection and benefit of the law.

Krone and Twee Jonge Gezellen indicated that they could not pay the full amount.

The Land Bank argued that provisional order procedure did not infringe on the applicants' fair hearing and equality rights.
land bank  |  wine



Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:


Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.

Top 10 richest musicians of all time

Check out the gallery to find out who they are!


Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote