Prescription interruptionAcknowledgment of debtTacit acknowledgmentExpress acknowledgment
Tags
PrescriptionAcknowledgment of debtContractual dispute
legislation
Statutes Cited
Prescription Act
Prescription Act
Prescription Act
ai analysis
Case Summary
Key Issues
{"issue_text":"Whether the court a quo erred in finding that the respondent's utterances and conduct at the 19 March 2015 meeting did not constitute an express or tacit acknowledgment of debt to interrupt prescription","issue_type":"mixed","dispositive":"yes","related_facts":"Meeting minutes, offers to pay, respondent's conduct"}
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background
Facts of the Case
Background
The appellant sold her shares to the respondent for US$240,000 in 2008. After receiving only US$40,000, she sued for the balance. The High Court dismissed her claim as prescribed, finding no acknowledgment of debt interrupted prescription.
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