Compulsory sequestration Study guides, Study notes & Summaries
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![DISTINCTION ANSWERS FOR: MRL3701 Assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK!](/docpics/3278659/65f6e0844c11d_3278659_121_171.jpeg)
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DISTINCTION ANSWERS FOR: MRL3701 Assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK!
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MRL3701 assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK! This assignment is discussed in great detail and footnotes and Bibliography are included, Alterantive options are provided. EXAMPLE: QUESTION 1 A: In terms of section 8 of the Insolvency Act 24 of 1936,1 any creditor who is owed more than R100 can apply to court for the compulsory sequestration of the debtor's estate. Section 9(1)2 allows proc...
![MRL3701 Assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK!](/docpics/4319591/65f6e088d25e5_4319591_121_171.jpeg)
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MRL3701 Assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK!
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MRL3701 assignment 2 for Semester 1 2024. Comprehensive Solutions with Footnotes and Bibliography 10 years of Law writing experience – BUY QUALITY WORK! This assignment is discussed in great detail and footnotes and Bibliography are included, Alterantive options are provided. EXAMPLE: QUESTION 1 A: In terms of section 8 of the Insolvency Act 24 of 1936,1 any creditor who is owed more than R100 can apply to court for the compulsory sequestration of the debtor's estate. Section 9(1)2 allows proc...
![MRL3701 Assignment 2 | 13th APRIL 2024 Solutions YOU CAN TRUST! Footnotes and Bibliography INCLUDED!](/docpics/4916522/660e77d959992_4916522_121_171.jpeg)
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MRL3701 Assignment 2 | 13th APRIL 2024 Solutions YOU CAN TRUST! Footnotes and Bibliography INCLUDED!
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MRL3701 Assignment 2 | 13th APRIL 2024. Solutions YOU CAN TRUST! Footnotes and Bibliography INCLUDED! 
In terms of section 8 of the Insolvency Act 24 of 1936,1 any creditor who is owed more than R100 can apply to court for the compulsory sequestration of the debtor's estate. Wandile is in debt of R3 million spread across multiple creditors, including a debt of R400,000 to Zozo and R1.3 million to DRG Bank. His financial 
woes began last year after a significant loss from an investment 
in a ...
![MRL3701 EXAM PACK 2024](/docpics/63ea9080cca50_2367483.jpg)
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MRL3701 EXAM PACK 2024
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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...
![STADIO BLA101 Assignment 1 (ANSWERS) Semester 1 2024](/docpics/4583166/65d8bc58ab866_4583166_121_171.jpeg)
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STADIO BLA101 Assignment 1 (ANSWERS) Semester 1 2024
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Well-structured Well-structured BLA101 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). . (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question 1 (10 marks) 
MULTIPLE-CHOICE QUESTIONS 
Each of the following sub-questions contains one statement but with multiple possible 
answers. Only one of the answers is correct. Read each statement very carefully and 
then decide which one of the options is the correct one. In your examination scr...
![MRL3701 Examination Answers 26 OCTOBER 2023](/docpics/3700441/653a53332fff0_3700441_121_171.jpeg)
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MRL3701 Examination Answers 26 OCTOBER 2023
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Question 1 
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 
applications than in compulsory sequestration which then gives rise to the requirement 
of a higher level of disclosure. (15) 
1.3 One of the requirements of the Insolvency Act 24 of...
![MRL3701 - STUDY NOTES UNIT 4 COMPULSORY SEQUESTRATION](/docpics/3809833/654e2e49ce705_3809833_121_171.jpeg)
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MRL3701 - STUDY NOTES UNIT 4 COMPULSORY SEQUESTRATION
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APPLICANT ENTITLED TO APPLY IN TERMS OF s9(1) 
Proceedings for the compulsory sequestration of debtors estate to be instituted by: 
a. creditor or his agent who has a liquidated claim against the debtor for not less than R100 
b. two or more creditors or their agents who have liquidated claims against the debtor amounting, 
in aggregate, to not less than R200. 
Agent must be authorised to do so prior to bringing the application. Applicants lack of authority 
cannot be cured by ratification once ...
![MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW](/docpics/2878604/64841fefe6b3e_2878604_121_171.jpeg)
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MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW
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ANSWERS/ SOLUTIONS WITH REFERENCES & PREVIEW: 
 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 informs you that his brother, Samuel, owes him 
R15 000 for painting ...
![MRL3701 - Study Unit 4 Compulsory Sequestration Questions with Correct Answers](/docpics/3525952/6516d259b6963_3525952_121_171.jpeg)
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MRL3701 - Study Unit 4 Compulsory Sequestration Questions with Correct Answers
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REQUIREMENTS Correct Answer Court must be satisfied: 
1. The applicant has established a claim which entitles him, in terms of s9(1) to apply for sequestration of the debtor's estate. 
2. the debtor has committed an act of insolvency or is insolvent 
3. there is reason to believe that it will be to the advantage of creditors of the debtor if his estate is sequestrated (s12(1)) 
 
ONUS of satisfying court on these three matters rests throughout on the sequestrating creditor. 
 
APPLICANT ENTITLE...
![Hocklys Insolvency Law 9th Edition.pdf](/docpics/62992dfbde4b5_1769723.jpg)
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Hocklys Insolvency Law 9th Edition.pdf
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Hocklys Insolvency Law 9th E 
Page v 
Preface 
This ninth edition of Hockly’s Insolvency Law follows the expanded format of the previous 
three editions, and its basic purpose remains the same: to provide a concise, yet fairly 
detailed, account of the law of insolvency, winding-up, and business rescue proceedings 
(which have replaced judicial management). The book aims at a wide readership. For the 
subject specialist, it offers an update of recent developments in the law relating to 
insolv...
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