- 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 5
Judgment 4
- Absa Bank Limited v Keet (817/2013) [2015] ZASCA 81 (28 May 2015)
- Butters v Mncora (181/2011) [2012] ZASCA 29 (28 March 2012)
- Ponelat v Schrepfer (802/2010) [2011] ZASCA 167 (29 September 2011)
- Schrepfer v Ponelat (17318/2009) [2010] ZAWCHC 193 (26 August 2010)