Trinity Asset Management (Pty) Ltd v Grindstone Investments (Pty) Ltd
Summary
Prescription: the date upon which a debt becomes due must not be conflated with that when repayment thereof is demanded : a debt which is repayable on demand becomes due the moment the money is lent to the debtor : claim prescribed : appeal dismissed with costs.
Description
Prescription: the date upon which a debt becomes due must not be conflated with that when repayment thereof is demanded : a debt which is repayable on demand becomes due the moment the money is lent to the debtor : claim prescribed : appeal dismissed with costs.
| Author | The Supreme Court of Appeal of South Africa |
|---|---|
| Division | Audit and Assurance > Legal and governance |
| Keywords | Trinity Asset Management (Pty) Ltd v Grindstone Investments (Pty) Ltd |
| Categories | Legislation |
| Date | September 2016 |
| File |