Eclipse Systems and Another v He & She Investments (Pty) Ltd; Tyremac Tyres & Tubes CC and Another v He & She Investments (Pty) Ltd (A294/19)
Eclipse Systems and Another v He & She Investments (Pty) Ltd; Tyremac Tyres & Tubes CC and Another v He & She Investments (Pty) Ltd (A294/19) [2020] ZAWCHC 96; 2020 (6) SA 497 (WCC) (4 September 2020)
The court found that the appellants had set out a defence with sufficient particularity, including a prima facie defence of prescription in respect of certain transactions. The respondent's particulars of claim did not allege when it became aware of the identity of the appellants or the facts giving rise to the debts, and thus, on the face of it, some claims had prescribed. The court held that the issues of agency, attribution of knowledge, and the bona fides of the appellants' defence could not be finally determined on the papers and required ventilation at trial. The summary judgment proced…
Source excerpt
- Summary Judgment
- Prescription Act
- Company Director Liability
- Misappropriation Of Funds
- Agency And Attribution
- Bona Fide Defence