- Flynote
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Whether a contingent right to claim an indemnity had prescribed –
when prescription in respect of such claim starts to run – indemnity can only be against
actual loss – a claim to be indemnified becomes due only when the insured is under a
legal liability to pay a fixed, determinate amount.
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Cited documents 3
Judgment 1
1. | Truck and General Insurance Co Ltd v Verulam Fuel Distributors CC and Another (540/2004) [2006] ZASCA 85 (31 May 2006) | 1 citation |
Legislation 2
1. | National Environmental Management Act, 1998 | 1784 citations |
2. | Prescription Act, 1969 | 563 citations |