Government Gazette: 13/05/2016
Notice is hereby given that a legal dispute exists regarding the ownership of Erf 11217, Stellenbosch, which property and business is more commonly known and referred to as the Stellenoord Lifecare Centre ("Stellenoord").
Stellenoord is legally owned by Business Venture Investments 1034 (Pty) Ltd - Reg No 2005/033006/07, which in turn is wholly owned by Bank On Assets Cape Town (in Liquidation).
An urgent application under Case No 6229/16 inte...rdicting and restraining the respondents, Gary Walter van der Merwe - ID 6104155127081, Candice Jean van der Merwe - ID 9210100321088, Business Venture Investments 1034 (Pty) Ltd - Reg No 2005/033006/07 and Bank On Assets Global (Pty) Ltd - Reg No 2014/057623/07, from alienating, encumbering or otherwise dispose of or relinquishing possession or control of the immovable property situate at 27 Tarentaal Street, Onderpapegaaiberg, Stellenbosch, Western Cape, will be heard in the Cape High Court on 22 June 2016.
Control and ownership of the subject property and business is sub judice under Case No 18519/2015.
Members of the public, agents and businesses are advised to be cautious when dealing with the respondents as well as one of their agents, Mr Tonie van der Merwe, until the legal dispute is resolved and it must be noted that any depository or general payments for the prospective sale of the property, the business, rental or life rights could be forfeited. Also note that one of the respondents, Gary Walter van der Merwe, has been found guilty of investor fraud in the Cape High Court on 6 June 2016.
"I can confirm that Mr. Van der Merwe has been convicted on a count of fraud (count 3). Mr. Van der Merwe is out on bail in this matter and the sentencing is scheduled for the 25th August 2016.The prescribed minimum sentence is 15 years." Quote from Adv Tommy Bunguzana - National Prosecutor in the matter.