MRL3701 Insolvency Law

University of South Africa

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MRL3701 EXAM PACK 2021/2022
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maart 2022

2021/2022

A+
MRL3701 EXAM PACK 2021/2022 1 S`tudy unit 1INTRODUCTION 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 th...
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MRL3701 EXAM PACK 2021/2022
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87

maart 2022

2021/2022

A+
MRL3701 EXAM PACK 2021/2022 1 S`tudy unit 1INTRODUCTION 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 th...
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Samenvatting

MRL3701 – INSOLVENCY LAW SUMMARY NOTES 2022
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144

februari 2022

2021/2022
MRL3701 – INSOLVENCY LAW SUMMARY NOTES. 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 ...
ExcelAcademia2026
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MRL3701 EXAM PACK 2020-2021.
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februari 2022

2021/2022

A+
MRL3701 EXAM PACK 2020-2021. 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 his debts. (2) (d) An application for compulsory seques...
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Samenvatting

INSOLVENCY LAW_ MRL3701 SUMMARY NOTES WITH QUESTIONS
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februari 2022

2021/2022
INSOLVENCY LAW_ MRL3701 SUMMARY NOTES WITH QUESTIONS. Study unit 1: Introduction to Insolvency Law Case Law: NB: Magnum Financial Holdings (Pty) Ltd (in Liquidation) v Summerly and another NNO 1984 (1) SA 160 (W) Meaning of “insolvency” Common meaning – a person is insolvent when he is unable to pay his debts, however, The legal test for insolvency is whether the debtor's liabilities, fairly estimated, exceed his assets, fairly valued. The inability to pay debts Is merely eviden...
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MRL3701 EXAM PACK 2021.
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februari 2022

2021/2022

A+
MRL3701 EXAM PACK 2021. INSOLVENCY LAW (MERCANTILE LAW 1 MODULE 3701) Duration : 2 Hours 100 Marks QUESTION 1 Fill in the missing words or word: (a) A debtor’s estate is sequestrated, not the debtor himself. (2) (b) The debtor need not have ordinarily resided or carried on business for the entire 12 months preceding the sequestration application: ordinary residence or conduct of business at any time during that period suffices. (2) (c) Free residue’ is defined in s 2 as ‘that port...
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Voordeelbundel

LME3701_Assignment_3__Final_Research 2 Exam (elaborations) AED3701 Assignment 2 30 July 2021 3 SUMMARY CMY3701 SUMMARY - THE EXPLANATION OF CRIME 2021 4 Exam (elaborations) Porfolio_exam_LME3701 5 Exam (elaborations) MNP_3701 Feedback –Assignment 01 a
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november 2021
LME3701_Assignment_3__Final_Research 2 Exam (elaborations) AED3701 Assignment 2 30 July 2021 3 SUMMARY CMY3701 SUMMARY - THE EXPLANATION OF CRIME 2021 4 Exam (elaborations) Porfolio_exam_LME3701 5 Exam (elaborations) MNP_3701 Feedback –Assignment 01 and 02 6 SUMMARY Lsk3701_Summary 2021 7 Exam (elaborations) LME3701_assignment_2_semester_1 8
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MRL 3701 Insolvency Oct:Nov 2020 Past Paper.
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oktober 2021

2021/2022

A+
Question 1 1.1 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. (a) Briefly explain whether the Western Cape High Court, Cape Town has jurisdiction to liquidate ABC Ltd. (2)
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