- Flynote
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Claims for payments of debts – quantum admitted or deemed to be
admitted on the pleadings – Prescription Act 68 of 1969 – s 11(b) – the Public Investment Corporation Ltd not 'the State' for purposes of the running of prescription – 15 year prescription period not applicable – s 14 – partial payments of debts and request for balance owing amounting to tacit acknowledgments of liability interrupting prescription – mora interest – running from date on which debts due.
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Cited documents 8
Judgment 6
Legislation 2
1. | Prescription Act, 1969 | 563 citations |
2. | Public Investment Corporation Act, 2004 | 31 citations |