Mrl3701 insolvency law with Study guides, Class notes & Summaries
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MRL3701 STUDY NOTES.
- Summary • 144 pages • 2021
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MRL3701 STUDY NOTES. MRL3701 - Insolvency Law. INTRODUCTION TO INSOLVENCY LAW 
Identify the problem faced by the court in Magnum Financial Holdings. 
The only problem before the court was whether a trust could, at law, be sequestrated. 
Summarise the authority which the court relied on to solve the problem which it 
faced. 
No South African case seemed to have dealt with whether a trust could be 
sequestrated in terms of section 9(1) read with the definition of “debtor” in section 2 of 
16 t...
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MRL3701-Insolvency Law SUMMARY NOTES WITH QUESTIONS.
- Summary • 93 pages • 2022
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MRL3701-Insolvency Law SUMMARY NOTES WITH QUESTIONS. Study unit 1: Introduction to Insolvency Law 
Case Law: 
NB: Magnum Financial Holdings (Pty) Ltd (in Liquidation) v Summerly and another 
NNO 1984 (1) SA 160 (W) 
Meaning of “insolvency” 
Common meaning – a person is insolvent when he is unable to pay his debts, however, 
The legal test for insolvency is whether the debtor's liabilities, fairly estimated, exceed his 
assets, fairly valued. The inability to pay debts Is merely evidence o...
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MRL3701 STUDY SUMMARY NOTES WITH QUESTIONS.
- Summary • 93 pages • 2022
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- $3.50
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MRL3701 STUDY SUMMARY NOTES WITH QUESTIONS. 
This is an all-inclusive and a complete guide to MRL3701 - Insolvency Law 
Introduction to Insolvency Law 
Case Law: 
NB: Magnum Financial Holdings (Pty) Ltd (in Liquidation) v Summerly and another 
NNO 1984 (1) SA 160 (W) 
Meaning of “insolvency” 
Common meaning – a person is insolvent when he is unable to pay his debts, however, 
The legal test for insolvency is whether the debtor's liabilities, fairly estimated, exceed his 
assets, fairly va...
-
MRL3701 SUMMARY STUDY NOTES WITH QUESTIONS.
- Summary • 93 pages • 2022
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- $3.50
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MRL3701 SUMMARY STUDY NOTES WITH QUESTIONS. This is a complete and an all-inclusive guide to MRL3701 - Insolvency Law 
Meaning of “insolvency” 
Common meaning – a person is insolvent when he is unable to pay his debts, however, 
The legal test for insolvency is whether the debtor's liabilities, fairly estimated, exceed his 
assets, fairly valued. The inability to pay debts Is merely evidence of insolvency. 
A person who has insufficient assets to discharge his liabilities (although he sat...
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MRL3701-INSOLVENCY LAW SUMMARY NOTES .
- Summary • 144 pages • 2022
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- $3.20
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MRL3701-INSOLVENCY LAW SUMMARY NOTES . STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW 
Identify the problem faced by the court in Magnum Financial Holdings. 
The only problem before the court was whether a trust could, at law, be sequestrated. 
Summarise the authority which the court relied on to solve the problem which it 
faced. 
No South African case seemed to have dealt with whether a trust could be 
sequestrated in terms of section 9(1) read with the definition of “debtor” in section 2 of ...
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MRL3701 Insolvency Law SUMMARY NOTES WITH QUESTIONS.
- Summary • 93 pages • 2022
- Available in package deal
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- $3.30
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MRL3701 Insolvency Law SUMMARY NOTES WITH QUESTIONS. Meaning of “insolvency” 
Common meaning – a person is insolvent when he is unable to pay his debts, however, 
The legal test for insolvency is whether the debtor's liabilities, fairly estimated, exceed his 
assets, fairly valued. The inability to pay debts Is merely evidence of insolvency. 
A person who has insufficient assets to discharge his liabilities (although he satisfy the test 
for insolvency) is not treated as insolvent for le...
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MRL3701 – INSOLVENCY LAW SUMMARY NOTES
- Summary • 144 pages • 2022
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- $3.50
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MRL3701 – INSOLVENCY LAW SUMMARY NOTES. This is a complete and an all-inclusive guide to MRL3701 – INSOLVENCY LAW SUMMARY NOTES. 
Identify the problem faced by the court in Magnum Financial Holdings. 
The only problem before the court was whether a trust could, at law, be sequestrated. 
Summarise the authority which the court relied on to solve the problem which it 
faced. 
No South African case seemed to have dealt with whether a trust could be 
sequestrated in terms of section 9(1) read wi...
-
MRL3701 – INSOLVENCY LAW SUMMARY NOTES 2022
- Summary • 144 pages • 2022
-
- $4.49
- + learn more
MRL3701 – 
INSOLVENCY LAW 
SUMMARY NOTES. STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW 
Identify the problem faced by the court in Magnum Financial Holdings. 
The only problem before the court was whether a trust could, at law, be sequestrated. 
Summarise the authority which the court relied on to solve the problem which it 
faced. 
No South African case seemed to have dealt with whether a trust could be 
sequestrated in terms of section 9(1) read with the definition of “debtor” in section ...
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