Retrocession is the return of something (z.B country) that has been ceded in general or, in practice: in practice, the transfer process can be summed up as follows: the transfer of this type of transfer is not necessary to warn the debtors of the assignor. The transfer director only holds this assignment as collateral, the cleared accounting debts are constantly replaced by new ones. In Grobbelaar/Oosthuizen 2009 (5) SA 500 (SCA), the Tribunal found that in the event of a transfer of rights, the assignor would lose all rights by issuing these rights to an assignee and, after the transfer, nothing would remain in the transferor (see item 8). This decision was supported by Kritzinger and Another/Standard Bank of South Africa (3034/2013) [2013] ZAFFHS 215 (September 19, 2013) (Kritzinger case). Under South African law, surrender is a bilateral legal act whereby a Cedent, by appointment, transfers its rights to a ceding company because of an underlying cause. There are two types of assignment, namely a transfer and a deposit and an abcession in securitatem debiti. The respondent argued that the original agreement had been replaced by a subsequent agreement and therefore challenged any liability for the deceased estate. Under the so-called oral agreement, Botha acquired a 50% interest in a narrow company (Consolidated Pretoria), to which Da Silva was owned for the purchase of R2.5 million, which extinguished the receivables to be repaid to Botha. This assertion was disputed by the applicant, who argued that Botha had not purchased interest in a nearby company, as the respondents assert. The applicant also invoked a non-variation clause stipulating that any amendment to the agreement would be reduced to the letter and signed by all parties. Da Silva submitted that the loan agreement had not been signed by Botha and that, therefore, the non-variation clause was not applicable. We believe it is clear that health professionals should not legitimately suspend the transfer of accounting debts (or, in this case, any security rights that a bank may enjoy). We believe that it is not unpleasant for a practitioner to withdraw the accounting debts of the company`s debtors from the company`s bank account from the transfer bank and then use the proceeds to pay the company`s operating and rescue costs.

However, it is completely inappropriate for the practitioner to redirect the funds recovered by the debtors to a bank account with another bank. The verdict contains important lessons for the parties and their lawyers who depend on the assignment for security. A claim that must be surrendered must be an existing claim. The debt that leads to the debt is paid. Therefore, if a debt is to be transferred, it is important to ensure that the debt is not repaid before the debt is transferred. The respondent cannot challenge the conclusion of the loan agreement, since all parties are in botha`s favour by paying the loan amount and the respondents agreeing to the same. As a result, the non-variation clause was applicable and the oral agreement relied upon by the respondents could not have any effect or effect.