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Filter: Insolvency
Voidable Sales: The Insolvency Act and the Sale of Your Business

28 September 2018,  Lloyd Bell

Section 34 of the Insolvency Act No. 24 of 1936 (“the Act”) provides that  if a trader sells in... terms of a contract any business belonging to him, or the goodwill of such business, or any goods or property forming part thereof (except in the ordinary course of that business or for securing the payment of a debt), and such trader has not published a notice of such intended transfer, the sale shall be void against his creditors for a period of six months after such transfer, and shall be void against the trustee of his estate, if his estate is sequestrated at any time within the said period.

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1164
Article
Is sequestration the end of the road, or is there relief?

12 September 2016

I recently read about a well known sportsman being sequestrated. Does it necessarily mean the end for him, or will... his debt simply be written off so he can start over? 

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349
Article
Regsgevolge by die sekwestrasie van ‘n eienaar van grond

20 February 2013

Die sekwestrasie van ‘n eienaar van grond kan kompleks wees en verreikende gevolge inhou vir partye wat belange by die... grond het. Indien u dus ‘n koper, verkoper, huurder of verhuurder van vaste eiendom is of moontlik op skei staan en daar vaste eiendom ter sprake is in die skeigeding, mag die bankrotskap van die ander party of gade van uiterste belang wees vir jou regte ten opsigte van die betrokke grond.

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385
Article

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