CIVIL PROCEDURE – APPLICATION FOR SUMMARY JUDGEMENT – EXECUTION OF IMMOVABLE PROPERTY – PRACTICE DIRECTIVE 61. Nedbank Namibia Limited v Angelo Rowen Helmuth NAHCMD (6 April 2023)

Order

The plaintiff`s application for summary judgment is granted against the Defendant in the following terms:

1. Payment in the amount of N$2,939,071.14;
2. Interest on the amount of N$2,939,071.14, calculated daily and capitalised monthly at the rate of 12.00% calculated from 17 January 2022 until the date of final payment;
3. An order declaring the following property executable:

CERTAIN     :            ERF 4222 (A PORTION OF ERF 3148) WINDHOEK

SITUATE     :            IN THE MUNICIPALITY OF WINDHOEK

REGISTRATION DIVISION “K” KHOMAS REGION

MEASURING: 1202 (ONE TWO . . .

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