rescissiondefault judgmentservicewilful defaultgood and sufficient cause
Tags
rescission of judgmentdefault judgmentservice of processwilful default
legislation
Statutes Cited
Moneylending and Rates of Interest Act
Prescribed Rate of Interest Act
High Court Rules, 1971
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether applicants have shown good and sufficient cause for rescission of default judgment","issue_type":"procedural","dispositive":"yes","related_facts":"Applicants claim they were never served; respondent alleges wilful default"}
{"issue_text":"Whether applicants have prospects of success on merits","issue_type":"mixed","dispositive":"yes","related_facts":"Allegation that financing agreement was illegal; claim that capital was repaid"}
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background
Facts of the Case
Background
The applicants sought rescission of a default judgment granted against them on 19 May 2011. They claimed they were never served with summons and had an arguable defence. The court found they were in wilful default and lacked prospects of success.
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