Madibeng Local Municipality v Public Investment Corporation Ltd (955/2020) [2020] ZASCA 157 (30 November 2020)

Citation: Madibeng Local Municipality v Public Investment Corporation Ltd (955/2020) [2020] ZASCA 157 (30 November 2020)
Media Neutral Citation: [2020] ZASCA 157
Hearing date: 19 November 2020
Court: Supreme Court of Appeal of South Africa
Case number: 955/2020
Judges: Plasket JA, Ponnan JA, Saldulker JA, Ledwaba AJA, Weiner AJA
Judgment date: 30 November 2020
Language: English
Type: Judgment

Flynote: 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 10

Judgment

Crookes Brothers Ltd v Regional Land Claims Commission for the Province of Mpumalanga and Others (590/2011) [2012] ZASCA 128 (21 September 2012)

Madibeng Local Municipality v Public Investment Corporation Ltd (603 of 2017) [2018] ZASCA 93 (1 June 2018)

KLD Residential CC v Empire Earth Investments 17 (Pty) Ltd (1135 of 2016) [2017] ZASCA 98 (6 July 2017)

Holeni v Land and Agricultural Bank of South Africa (266/2008) [2009] ZASCA 9 (17 March 2009)

Investec Bank Limited v Erf 436 Elandspoort (Pty) Ltd and Others (410/2019) [2020] ZASCA 104 (16 September 2020)

Prescription Act 68 of 1969 – s 14 of the Act – whether series of
payments in terms of agreement between creditor and debtor were
acknowledgements of liability that interrupted prescription.

Isibiya Fund v Visser and Another (20278/2014) [2015] ZASCA 183 (27 November 2015)

Act

Constitution of the Republic of South Africa, 1996

Citizenship and Immigration · Education · Environment, Climate and Wildlife · Health and Food Safety · Human Rights · International Law · Labour and Employment · Public administration

Prescription Act, 1969

Dispute Resolution and Mediation

Land and Agricultural Development Bank Act, 2002

Public Investment Corporation Act, 2004