4 Jun 2010
SILVER GEM INDUSTRIAL LTD v. NATIONAL PHARMACEUTICAL (GROUP) LTD
- Citation
- SILVER GEM INDUSTRIAL LTD v. NATIONAL PHARMACEUTICAL (GROUP) LTD
- Court
- District Court
- Case number
- DCCJ859/2009
Claims dismissed because the causes of action accrued on making the loans or at last payment more than six years before writs; the audit confirmation was equivocal and did not satisfy statutory requirements for written signed acknowledgement under s.24 so it did not restart limitation under s.23(3); separately, there was insufficient admissible evidence that NPGL agreed to pay 12% interest.