INSOLVENCY LAW
University of South Africa (Unisa)
Hier vind je de beste samenvattingen om te slagen voor INSOLVENCY LAW. Er zijn o.a. samenvattingen, aantekeningen en oefenvragen beschikbaar.
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MRL3701 Assignment 2 2026 - DISTINCTION | Due 24 March 2026
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5.0(2)5.076februari 20262025/2026A+
- MRL3701 Assignment 2 2026 
OPENS FOR SUBMISSION: 13 March 2026 
DUE DATE: 24 March 2026 
 
 
 
Question 1 
What is the intended purpose of section 21 of the Insolvency Act 24 of 1936? 
 
The principal purpose of section 21 of the Insolvency Act is to vest the separate 
property of the solvent spouse in the Master and ultimately the trustee on sequestration 
so that the insolvent estate is not deprived of assets to which it may be entitled. 
 
This serves three practical aims: 
 to prevent ...
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MRL3701 Assignment 1 2026 - DISTINCTION | Due 2 March 2026
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5.0(1)5.035februari 20262025/2026A+
- MRL3701 Assignment 1 2026 
DUE 2 MARCH 2026 
 
QUESTION 
 
Palesa and her best friend Mpho started a new restaurant business in 2023. Despite 
their impressive culinary skills, the restaurant was not a success. Palesa lost a lot of 
money which she had invested in the restaurant, leaving her in a dire financial 
situation. By 1 October 2025, 
 
(b) What is an undue preference and what elements must be proved for a court to 
set aside an undue preference? 
 
 (a) Voidable preference 
 
A...
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MRL3701 Assignment 1 Semester 1 2026 (Fully Answered) - Due 2 March 2026 (MRL3701 Assignment 1 2026)
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---8februari 20262025/2026A+
- MRL3701 Assignment 1 Semester 1 2026 (Fully Answered) - Due 2 March 2026, MRL3701 Assignment 1 Semester 1 2026, MRL3701 Assignment 1 2026
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