The sequestration process If you are considering Insolvency, you might wonder how the sequestration process works This is a very intensive and legally technical process but luckily most of it happens behind the scenes. Let's have a look at the sequestration process and with more details on how it works in order to obtain a court order [...]
The insolvency act south africa The insolvency act south africa no 24 of 1936 regulates the process of Sequestration. It applies to insolvent estates, liquidated entities, The Master of the Court and it's curators as well as the rules of the Court Should you require any additional information on the insolvency act south africa, please [...]
What is insolvency If you have more debt than assets you might want to ask the question, what is insolvency ? Insolvency is also called bankruptcy, voluntary surrender of estate and sequestration. All of these refer to personal debt. If your company or other legal entity is Insolvent, you apply for Liquidation. Liquidation can be voluntary [...]
What is insolvency law? Insolvency law in South Africa is governed by the Insolvency Act of 1936 Insolvency as also the collective term for the process of sequestration, liquidation, voluntary surrender of estate, compulsory sequestration, compulsory liquidation and Rehabilitation Let's have a look at all of the separately and also see how the Act regulate these [...]
What is Voluntary Sequestration Voluntary Sequestration furthermore also known as Insolvency is a legal remedy prescribed in the Insolvency Act. In this article we concentrate most notably on sequestration and in addition insolvency. Liquidation of companies information is slightly different and especially relevant information must be given. The Insolvency Act no 24 of 1936 states that [...]