Section 27 of the insolvency act 24 of 1936 Study guides, Study notes & Summaries
Looking for the best study guides, study notes and summaries about Section 27 of the insolvency act 24 of 1936? On this page you'll find 20 study documents about Section 27 of the insolvency act 24 of 1936.
All 20 results
Sort by
-
MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW
- Exam (elaborations) • 12 pages • 2023
-
- R105,00
- 1x sold
- + learn more
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 Examination Answers 26 OCTOBER 2023
- Exam (elaborations) • 11 pages • 2023 Popular
-
- R50,00
- 1x sold
- + learn more
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 PORTFOLIO MEMO - SEMESTER 2 - 2022 - OCT./NOV. - UNISA ( WITH DETAILED REFERENCES)
- Exam (elaborations) • 13 pages • 2022
-
- R399,99
- 2x sold
- + learn more
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....
-
MRL3701 PORTFOLIO MEMO - OCT./NOV. 2023 - SEMESTER 2 - UNISA - DUE 26 OCTOBER 2023 - DETAILED ANSWERS WITH FOOTNOTES & BIBLIOGRAPHY- DISTINCTION GUARANTEED!
- Exam (elaborations) • 18 pages • 2023
-
- R299,99
- + learn more
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...
-
MRL3701 EXAM PACK.
- Exam (elaborations) • 324 pages • 2023
-
- R52,94
- + learn more
MRL3701 
EXAM PACK. 100% CORRECT questions, answers, workings and explanations. Question 1 
1.1 Briefly explain what is meant by the concept of “concursus creditorum”. (5) 
(Your answer must not exceed half a page or 120 words) 
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 high...
Want to regain your expenses?
-
2022 OCTOEBER EXAM- Insolvency Law (MRL3701)
- Exam (elaborations) • 12 pages • 2022
-
- R99,00
- 3x sold
- + learn more
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...
-
NEW ENTREPRENEURIAL LAW PIET DELPORT LLB LLD (Pret) H Dip Tax Law (Wits)
- Exam (elaborations) • 496 pages • 2022
-
- R88,24
- 1x sold
- + learn more
NEW 
ENTREPRENEURIAL 
LAW 
PIET DELPORT 
LLB LLD (Pret) H Dip Tax Law (Wits) 
Members of the LexisNexis Group worldwide 
South Africa LexisNexis (Pty) Ltd 
DURBAN 215 Peter Mokaba Road (North Ridge Road), Morningside, Durban, 4001 
JOHANNESBURG Building No. 9, Harrowdene Office Park, 124 Western Service Road, 
Woodmead, 2191 
CAPE TOWN Office Floor 2, North Lobby, Boulevard Place, 
Heron Close, Century City, 7441 
 
Australia LexisNexis, CHATSWOOD, New South Wales 
Austria LexisNexis Verlag ARD ...
-
MRL3701 Examination Answers 26 OCTOBER 2023
- Exam (elaborations) • 9 pages • 2023
-
- R115,00
- + learn more
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 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS WITH FOOTNOTES - DISTINCTION GUARANTEED!)
- Exam (elaborations) • 20 pages • 2023
-
- R399,99
- + learn more
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...
-
INSOLVENCY LAW_ MRL3701 SUMMARY NOTES WITH QUESTIONS
- Summary • 93 pages • 2022
-
- R88,04
- 1x sold
- + learn more
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...
How much did you already spend on Stuvia? Imagine there are plenty more of you out there paying for study notes, but this time YOU are the seller. Ka-ching! Discover all about earning on Stuvia