MRL3701 Insolvency Law

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...

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This document contains workings, explanations and solutions to the LEV3701 Assignment 1 Semester 2 2022

Summary of important Insolvency Law Cases dealt with in MRL3701

NEW exam revision Questions taken from 2011 to 2022 exam papers • Great for exam Prep. Helps you see what questions are likely to be asked (Contains Questions Only)

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...

MRL3701 Assignment 1 Answers, Semester 1, Due 15 March 2024. Footnotes and Bibliography are included, guidelines strictly adhered to and work has been double checked to ensure you are getting the BEST QUALITY! MRL3701 Assignment 1 Answers, Semester 1, Due 15 March 2024.

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...