- Flynote
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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.
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Cited documents 7
Judgment 6
1. | Makate v Vodacom (Pty) Ltd [2016] ZACC 13 (26 April 2016) | 106 citations |
2. | Volks NO v Robinson and Others [2005] ZACC 2 (21 February 2005) | 21 citations |
3. | Absa Bank Limited v Keet (817/2013) [2015] ZASCA 81 (28 May 2015) | 9 citations |
4. | Butters v Mncora (181/2011) [2012] ZASCA 29 (28 March 2012) | 7 citations |
5. | Schrepfer v Ponelat (17318/2009) [2010] ZAWCHC 193 (26 August 2010) | 2 citations |
6. | Ponelat v Schrepfer (802/2010) [2011] ZASCA 167 (29 September 2011) | 1 citation |
Legislation 1
1. | Prescription Act, 1969 | 508 citations |
Documents citing this one 1
Judgment 1
1. | Crawford v Goodman (37617/21) [2022] ZAGPJHC 441 (1 July 2022) |