Subject :
What are the rights and duties of the cedent and cessionary under these circumstances if their contract makes no express provision for this situation?
:
What should happen when the ceded claim (in casu one deriving from a life insurance policy) becomes payable but the debt secured by the cession is not yet enforceable?
:
Retmil Financial Services (Pty) Ltd v Sanlam Life Insurance Company Ltd and others [2013] 3 All SA 337 (WCC)