MRL3701 Insolvency Law

University of South Africa

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INSOLVENCY LAW MRL3701 EXAM PACK
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    INSOLVENCY LAW MRL3701 EXAM PACK

  • INSOLVENCY LAW MRL3701 EXAM PACK 2021 – MAY / JUNE EXAMINATION PAPER Question 1 Fill in the missing words: (a) The term "debtor" also embraces a person who is incapable of managing his own affairs. (2) (b) Thabo’s application for voluntary surrender must contain an allegation that it will be to the advantage of creditors if his estate is sequestrated. (2) (c) Christopher commits an act of insolvency by departing from his dwelling with the intent by doing so to evade payments of...
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MRL3701-exam_notes-LATEST.
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    MRL3701-exam_notes-LATEST.

  • MRL3701-exam_notes-LATEST. 1 Study unit 1 INTRODUCTION TO INSOLVENCY LAW Identify the problem faced by the court in Magnum Financial Holdings. The only problem before the court was whether a trust could, at law, be sequestrated. Summarise the authority which the court relied on to solve the problem which it faced. No South African case seemed to have dealt with whether a trust could be sequestrated in terms of section 9(1) read with the definition of “debtor” in section 2 of 16 the I...
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MRL3701 ASSIGNMENT 1 SEMESTER 1 - 2022
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    MRL3701 ASSIGNMENT 1 SEMESTER 1 - 2022

  • MRL3701 ASSIGNMENT 1 SEMESTER 1 - 2022 1 QUESTION: Alice approaches you for advice. She informs you that she owes many people a lot of money and wishes to apply for her own Voluntary Surrender. She asks if you could perhaps, as her best friend, help her to write a formal letter to give to her brother, stating that she can no longer pay her debts to him. Discuss what this action above is called and refer to relevant legislation. Also a
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