Tag: Insolvency Act 24 of 1936

Sequestration issues considered: Provisional and final orders

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Provisional sequestration order: Appealable or not?

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Creditors lacking advantage: Costs contribution?

Body Corporate of Mionette v L When is there a prospect of exposing creditors to contributing to costs and creditors lacking any advantage by sequestrating an owner? “16. Upon adding the applicant’s claim, which is said to...

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Disposition without value: Satisfied demand guarantee?

Cloete Murray NO v Humansdorp Co-operative Ltd When is payment in terms of a demand guarantee acceptable and does not amount to a disposition without value? “[29] Both parties agree that if the payment was made in terms of...

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Setting aside sale: Execution and condonation refused

Huysamen v Absa Bank Ltd Setting aside sale of property in execution not permitted when delay is caused by attorney and it is unacceptable for attorneys to rely on inexperience in conducting appeals because the appeal notice...

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Disposition without value: Exception and ‘value’?

Strydom NO v Snowball Wealth (Pty) Ltd Disposition without value or ‘not made for value’ interpretated by High Court in context of an exception to the pleadings and on the facts  the disposition was clearly not for...

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Plascon-Evans restated: Resolving factual disputes

Rota Investments CC v Swarts Plascon-Evans restated in the words of recently retired Justice Edwin Cameron in 2003, whilst still a judge of appeal in the Supreme Court of Appeal and before being elevated to the Constitutional...

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Van Heerden test: Remedial equality restitution

Minister of Justice & Constitutional Development v Saripa The constitutional court considered the Van Heerden test and  in particular pointed out that arbitrariness and rationality are  separate requirements of the rule of...

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