Assignment 2
(ANSWERS)
Semester 2 2023
SUBMISSION
DATE 18
SEPTEMBER
, The estate of Mr. Diedericks has been finally sequestrated in May of 2023.
Two trustees have been appointed for the insolvent’s estate. You are one of the
trustees.
Accordingly, the next step is that certain meetings of creditors should now take place.
By referring to the general provisions relating to meetings, discuss
1. The recording of proceedings that must be followed at every meeting.
2. The date and venue of the meeting.
ANSWER
1. Recording of Proceedings at
Meetings
At every meeting of creditors in the sequestration process, certain proceedings must be
recorded to ensure transparency and accuracy. These proceedings include:
Attendance: The names of all attendees, including creditors, trustees, and any other
relevant parties, should be recorded. This helps establish who participated in the
meeting and can be useful for future reference.