FARMERS BANK NOT BACKING DOWN

MBABANE – Farmers Bank (PTY) Limited will not go down without a fight.

The bank is defending the legal proceedings instituted against it by Chubb Electronic Security Swaziland. Chubb Electronic Security Swaziland is demanding a sum of E459 950.79 from the bank. According to Chubb Electronic Security Swaziland, the aforementioned amount was in respect of services it allegedly rendered to the bank. Through its attorneys from S.V Mdladla, the bank has since filed a notice of intention to defend the matter. “Be pleased to take note that the defendant (Farmers Bank) enters an appearance to defend the matter and hereby appoints the offices of S.V Mdladla and Associates as the address at which it will accept service and notice of all documents in these proceedings,” reads part of the notice of intention  to defend dated January 25, 2019.

Farmers Bank (PTY) Limited is a financial institution duly established in terms of the Financial Institutions Act of 2005 of the Kingdom of Eswatini with its place of business at Bulembu in the Hhohho Region. Chub Electronic Security Swaziland is a private limited liability company, carrying business in Mbabane. In the simple summons issued by Chubb Limited’s lawyers, despite several demands, the defendant (Farmers Bank (PTY) Limited) had failed, refused and/or neglected to make payment. The plaintiff wants the court to direct the bank to pay the sum E459 950.79 at the rate of nine per cent per annum.

Disputes

In the court papers, the defendant was informed that if it disputes the claim against and wished to defend, it should do so within 10 days upon being served with the summons. These are allegations contained in particulars of claim whose veracity is still to be tested in court and the defendant is yet to file its papers in the event it is disputing the claim against it. “Inform the defendant that if it fails to file and serve a notice as aforesaid, judgment will be given and without further notice or if having filed and serve such notice but fails to plead, except make application to strike out or counter-claim, judgment may be given against them,” reads part of the simple summons issued by the plaintiff’s lawyers from Makhosi C Vilakati in association with R.J.S Perry Attorneys. The matter is still pending at the High Court of the Kingdom of Eswatini.

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