Mrl3701 insolvency law notes Study guides, Study notes & Summaries
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MRL3701 EXAM PACK 2024
- Exam (elaborations) • 485 pages • 2023
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
SUMMARISED NOTES 
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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...
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INSOLVENCY LAW_ MRL3701 SUMMARY NOTES WITH QUESTIONS
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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...
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MRL3701 EXAM PACK 2023 LATEST QUESTIONS AND ANSWERS
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MRL3701 
EXAM PACK 
2023 
LATEST QUESTIONS 
AND ANSWERS 
 
MRL3701 
EXAM PACK 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revision PACK 
Questions. Answers 
 
 
 
NOTES 
Insolvency Law 
MRL301-M 
 
 
 
1.	INTRODUCTION TO INSOLVENCY LAW 
1.1.	Meaning of “insolvency” 
Section 2 of the Insolvency Act, 24 of 1936 (“Act”) – Definitions 
'insolvent' when used as a noun, means a debtor whose estate is under sequestration and includes such ...
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Exam (elaborations) MRL 3701 INSOLVENCY LAW EXAM PACK ANSWERS (2019 -2014) AND 2020 BRIEF NOTES
- Exam (elaborations) • 482 pages • 2021
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MRL 3701 INSOLVENCY LAW EXAM PACK ANSWERS (2019 -2014) AND 2020 BRIEF NOTES 
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 departing from his dwelling with the 
intent by doin...
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MRL3701 INSOLVENCY LAW SUMMARY NOTES LATEST 2022.
- Class notes • 144 pages • 2022
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MRL3701 INSOLVENCY LAW SUMMARY NOTES LATEST 2022. 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 se...
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MRL3701 Insolvency Law assignment 01 semester 01 2023 questions and answers.
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MRL3701 
Insolvency Law assignment 01 semester 01 2023 questions and answers.QUESTION: 
Critically discuss the case of Amod v Khan 1947 (2) SA 432 (N) with reference to the 
relevant legislation. (10) 
(Option 1) 
The case of Amod v Khan, 1947 (2) SA 432 (N), dealt with the issue of undue 
influence in the context of a contract. The case is significant because it established 
the principle that a party who uses undue influence to induce another party to enter 
into a contract can render the cont...
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MRL3701 EXAM PACK ANSWERS (2019 - 2014) AND 2020 BRIEF NOTES
- Exam (elaborations) • 484 pages • 2022
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
(2019 – 2014) 
SUMMARISED NOTES 
2020
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MRL3701 INSOLVENCY LAW JAN/FEB 2022 EXAM, ASSIGNMENT 1 SEMESTER 1 - 2022, SUMMARY NOTES LATEST 2022, SUMMARY NOTES WITH QUESTIONS & EXAM PACK ANSWERS AND BRIEF NOTES 2021 .
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MRL3701 INSOLVENCY LAW JAN/FEB 2022 EXAM, ASSIGNMENT 1 SEMESTER 1 - 2022, SUMMARY NOTES LATEST 2022, SUMMARY NOTES WITH QUESTIONS & EXAM PACK ANSWERS AND BRIEF NOTES 2021 .
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MRL3701 INSOLVENCY LAW EXAM PACK ANSWERS AND BRIEF NOTES 2021 .
- Exam (elaborations) • 50 pages • 2022
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MRL3701 INSOLVENCY LAW EXAM PACK ANSWERS AND BRIEF NOTES 2021 . QUESTION 1 
Fill in the missing words or word: 
(a) A debtor’s estate is sequestrated, not the debtor himself. (2) 
(b) The debtor need not have ordinarily resided or carried on business for the entire 12 
months preceding the sequestration application: ordinary residence or conduct of 
business at any time during that period suffices. (2) 
(c) Free residue’ is defined in s 2 as ‘that portion of the estate which is not subject...
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