- Flynote
-
Division of fruits of a universal partnership – claim to division is based
on a personal right and not a real right – claim in respect of a universal partnership prescribes after three years from the termination of the universal partnership in terms of s 11(d) of the Prescription Act 68 of 1969 – termination date of universal partnership is a fact-specific issue; sometimes it may coincide with the termination of the consortium but not necessarily – claim prescribed as it was instituted more than three years after the universal partnership terminated.
Loading PDF...
This document is 594.9 KB. Do you want to load it?
Cited documents 5
Judgment 4
Legislation 1
1. | Prescription Act, 1969 | 563 citations |
Documents citing this one 2
Judgment 1
1. | Crawford v Goodman (37617/21) [2022] ZAGPJHC 441 (1 July 2022) |