Read the full judgment text of HCA 008881/1993 on BabelCite. This High Court CFI judgment was delivered on 16 May 1996.
1. The Plaintiff and the Defendant were partners in a business called Team Communications System. The partnership capital was in the ratio of 60:40. Their respective monthly salaries were also in the same proportion. The partnership was formed in January 1993, subject to review six months later. By July 1993, the parties went their separate ways. The main issue in this case is whether an Agreement entered into by the Plaintiff and the Defendant on 19 July 1993 whereby "[in] consideration of rece