{"issue_text":"Whether the applicants have locus standi to bring the rescission application","issue_type":"procedural","dispositive":"yes","related_facts":"Applicants are not direct purchasers but company purchased from co-applicant"}
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background
Facts of the Case
Background
The applicants sought rescission of a default judgment whereby the court had granted a caveat over certain property. The respondents raised a preliminary objection alleging the applicants lacked locus standi as they were not purchasers of the property in question.
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