Mrl3701 2022 Study guides, Class notes & Summaries

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This document contains solutions for MRL3701 Assignment 1 Semester 2 2022

MRL3701 PORTFOLIO MEMO - OCT./NOV. 2023 - SEMESTER 2 - UNISA - DUE 26 OCTOBER 2023 - DETAILED ANSWERS WITH FOOTNOTES & BIBLIOGRAPHY- DISTINCTION GUARANTEED! Question 1 CONFIDENTIAL 8 of 11 1.1 Explain when a formal defect in an application for the sequestration of an insolvent estate will be considered as fatal. (5) 1.2 Explain why the court in Ex Parte Arntzen (Nedbank Ltd as Intervening Creditor) 2013 (1) SA 49 (KZP) held that creditors are more vulnerable in voluntary surrender appli...

Question 1 1.1 Explain the concept "concursus creditorum" as well as what it presupposes. (5) 1.2 ABC Ltd is a British company that owns property which is lying in a warehouse in Cape Town harbour. ABC Ltd does not have a place of business in South Africa. Will the Western Cape High Court, Cape Town, have jurisdiction to sequestrate ABC Ltd.’s estate? (5) 1.3 Fred approaches you for advice. He informs you that Jenna owes him R24 000 for cleaning services rendered by his company. Fred expl...

MRL3701 INSOLVENCY LAW JAN/FEB 2022 EXAM. QUESTION 1 1.1 Epstein v Epstein 1987 (4) SA 606 (C) Legal Question – is “friendly/ cordial sequestration blocked from a temporary sequestration request being granted? Facts – the candidate in an application for temporary sequestration request was the respondent’s mother, whom he owed R6000.00 and to whom he composed a letter advising her of his inability to reimburse her credit, subsequently submitting a demonstration of bankruptcy. The r...

MRL3701 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS WITH FOOTNOTES - DISTINCTION GUARANTEED!) Question 1 1.1 Explain the purpose of a sequestration order. (5) 1.2 “A sequestration order may not be granted if a debtor has only one creditor and there are not enough assets to cover the costs of sequestration.” Indicate whether this statement is true or false, and then provide the reasons for your answer. (5) 1.3 David approaches you for advice. He inform...

MRL3701 EXAM PACK 2022. 1 Contents OCTOBER/ NOVEMBER 2021 ........................................................................................................... 2 Question 1 .......................................................................................................................................... 2 Question 2 .......................................................................................................................................... 8 Question 3 ...........

MRL3701 ASSIGNMENT 1 SEMESTER 1 - 2022

MRL3701 ASSIGNMENT 2 SEMESTER 1 SOLUTIONS 2022

MRL3701 ASSIGNMENT 1 FIRST SEMESTER 2022