The Western Cape High Court ordered a former lawyer to return a 2020 Mercedes-Benz C200 A/T to the bank after finding that he had no bona fide defence to its claim.
A former magistrate and attorney who had not made a payment on his Mercedes-Benz for more than two-and-a-half years has lost his bid to prevent Standard Bank from repossessing the vehicle.
The Western Cape High Court ordered Tashriq Ahmed to return a 2020 Mercedes-Benz C200 A/T to the bank after finding that he had no bona fide defence to its claim.
Ahmed bought the vehicle under an instalment sale agreement with Standard Bank in August 2020. The total cost of the agreement, including interest, costs and charges, was R1.18 million, with monthly instalments of R13,015.70 and a final payment of R252,749 due in March 2027.
However, Ahmed fell into arrears and made his last payment in December 2023.
