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AI summary
The High Court considered an application by Business Partners Limited for a monetary judgment of R36,388,846.73. The respondents opposed the application, including on the basis that the debt had prescribed and that the founding papers did not properly set out a claim based on a debt secured by a mortgage bond. The application was dismissed with costs.
This appears to concern motion proceedings, prescription, and the pleading of a debt secured by a mortgage bond.
Evidence from source
This is an application for a monetary judgment in which the Applicant seeks payment of R36,388,846.73. The Respondents oppose the application on grounds inter alia that the debt has prescribed.
Supports: plain_summary sentence 1 and 2
The application for monetary judgment is dismissed. 2. The Applicant to pay the costs of this application on a party and party scale B
Supports: plain_summary sentence 3