South Africa: On-Demand Bonds: Is Substantial Compliance Enough? – Clyde & Co

South Africa: On-Demand Bonds: Is Substantial Compliance Enough? – Clyde & Co

The Supreme Court of Appeal has also, on several occasions, articulated the guarantor’s obligation to make payment in terms of a letter of credit or on-demand bond. …read more

Source:: South Africa: On-Demand Bonds: Is Substantial Compliance Enough? – Clyde & Co

      

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