Analyses: Prescription, Suretyship and the Unwelcome Revival of Correality

JurisdictionSouth Africa
Date25 May 2019
Pages384-389
AuthorChristopher Forsyth
Published date25 May 2019
Analyses/Analises
Prescription, Suretyship and the
Unwelcome Revival of Correality
CHRISTOPHER FORSYTH
Robinson College, Cambridge
1 Introduction
Do the obligations of the surety and those of the principal debtor
prescribe independently? Is it possible, for instance, that the creditor finds
that the surety has been released even though the principal debtor is still
bound. This might arise because prescription against the debtor has been
interrupted or suspended while that against the surety has run its course.
This is clearly inconvenient for creditors but, on the other hand, it seems
harsh to saddle the surety with an extended prescription period if he has
had no notice of it. After all, the remedy lies in the creditors hands: he
should issue summons or seek an admission of liability from the surety in
order to interrupt prescription against him. Thus independent prescrip-
tion of the surety's obligation and the principal debt is inconvenient
rather than unfair to the creditor.
For many centuries (at least since the time of Justinian in the sixth
century AD) some eminent jurists have considered that the surety's
obligation did not prescribe independently of the principal debtor's. Thus
if prescription was interrupted against the debtor it was also interrupted
against the surety. Johannes Voet (46.1.36) himself favoured this
position. And prior to the Prescription Act 68 of 1969 the position was
regulated by statute with s 6(2) of the Prescription Act 18 of 1943
providing that 'interruption [of prescription] as against the principal
debtor shall be deemed an interruption against the surety'. However, the
1969 Act contains no such provision; and the question has to be resolved
by the common law.
The question has been considered several times by the courts. In the
leading case
Rand Bank Ltd v De Jager
(1982 (3) SA 418 (C)) Baker J in a
learned judgment held that Voet 46.1.36 did not state the common law
correctly and that the principal obligation and the surety's obligation did
prescribe independently. (Baker J rejected a line of authority stretching all
the way back to a constitution of the Emperor Justinian enacted in
Constantinople on the Kalends of September AD531. Voet (46.1.36) and
Pothier
(Obligations
par 664) as well as many other jurists had favoured
the alternative view, viz that interruption of prescription against the
debtor also interrupts prescription of the surety's obligation even if
384
(1999) 11 SA Merc LJ 384
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