Mrl3701 insolvency law Study guides, Study notes & Summaries

Critically discuss the case of Amod v Khan 1947 (2) SA 432 (N) with reference to the relevant legislation

MRL3701 ASSIGNMENT 2 SEMESTER 1 OF 2023 [] 1. Which of the dispositions above may be set aside in terms of the common law, and what is the relevant action that may be used to set the disposition aside? (2) 2. What must the trustee prove to set aside a disposition made for no value? (2) 3. Regarding the factual scenario above, advise your client what a section 29 disposition is, state whether there is an exception to section 29 that may protect him, and what that exception is. Lastly sta...

INSOLVENCY LAW_ MRL3701 SUMMARY NOTES WITH QUESTIONS LATEST UPDATE 2024 100% VERIFIED AND GRADED A+ TABLE OF CONTENTS: STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW 4 STUDY UNIT 2 – 3 VOLUNTARY SURRENDER 10 STUDY UNIT 4 – 5 COMPULSORY SEQUESTRATION 20 STUDY UNIT 6 THE LEGAL POSITION OF THE INSOLVENT 35 STUDY UNIT 7 VESTING OF THE ASSETS OF THE INSOLVENT 43 STUDY UNIT 8 VESTING OF THE ASSETS OF THE SOLVENT SOUSE 50 STUDY UNIT 9 – 11 UNCOM...

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...

Summary of important Insolvency Law Cases dealt with in MRL3701

Study notes for Unisa students: MRL3701 – INSOLVENCY LAW Downloaded by Emma Cain () lOMoARcPSD| Study Notes24 2 by Carella Holdings (Pty) Ltd. TABLE OF CONTENTS: STUDY UNIT 1 INTRODUCTION TO INSOLVENCY LAW 4 STUDY UNIT 2 – 3 VOLUNTARY SURRENDER 10 STUDY UNIT 4 – 5 COMPULSORY SEQUESTRATION 20 STUDY UNIT 6 THE LEGAL POSITION OF THE INSOLVENT 35 STUDY UNIT 7 VESTING OF THE ASSETS OF THE INSOLVENT 43 STUDY UNIT 8 VESTING OF THE ASSETS OF THE SOLVENT SOUSE 50 STUDY UNIT 9 – 1...

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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