MRL3701 Insolvency Law (MRL3701)

MRL3701 Assignment 1 (ANSWERS) Semester 2 2023 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . QUESTION: 10 Marks See the table below and match the three columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) (1/2 mark) 2. Ratio decidendi of the ...

MRL3701 Assignment 1 (ANSWERS) Semester 2 2023 - GUARANTEED DISTINCTION Good grades Whatsapp +068 for any assistance. Case name Ratio dicendi of the case Area of insolvency law applicable a)Estate Wege v Strauss 2932 AD 76 A trust cannot be a debtor and therefore cannot be sequestrated. Section 29 of the Insolvency Act 24 of 1936.

MRL3701 INSOLVENCY LAW PAST EXAM PACK QUESTIONS AND ANSWERS SUMMARISED NOTES S - The study-notes marketplace MRL 3701 OCTOBER/NOVEMBER 2018 QUESTION 1 a) Inability to pay debts is, at most merely evidence of insolvency. (page 3) b) Brenda’s application for voluntary surrender must be set out the causes of her insolvency in some detail to enable the court to determine whether the application is ......................... c) Christopher commits an act of insolvency by depar...

MRL3701 Assignment 2 (DETAILED ANSWERS) Semester 1 2024 - DUE 9 April 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Wandile owes a total of R3 million to various creditors. His creditors include Zozo to whom he owes R400 000. He also owes R1,3 million to DRG Bank. Last year Wandile invested in a get-rich-quick scheme as a result of which he lost a lot of money. This left him in a dire financial situat...

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 Assignment 1 (ANSWERS) Semester 2 2023 () - DISTINCTION GUARANTEED 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . QUESTION: 10 Marks See the table below and match the three columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) (1/2 mark) ...

INSOLVENCY LAW_ MRL3701 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 eviden...

MRL3701 Assignment 1 Semester 1 2024 - DUE 14 March 2024 ... 100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question 1: (5 marks) Indicate whether the following statements are TRUE (T) or FALSE (F) and provide a reason or explanation for your answer. a. An act of insolvency committed by a spouse married in community of property operates as an act of insolvency by the guilty spouse. b. During the period of ...

MRL3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2024 - DUE 14 March 2024 100% TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on +/ 2/ 5/ 4 /7 /7 /9 /5 /4 /0 /1 /3 /2 . Question 1: (5 marks) Indicate whether the following statements are TRUE (T) or FALSE (F) and provide a reason or explanation for your answer. a. An act of insolvency committed by a spouse married in community of property operates as an act of insolvency by the guilty spouse. b. During ...