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THE PROCESS OF NON-VOLUNTARY LIQUIDATION

The process of Involuntary Liquidation Section 81 of the Act outlines the procedure that should be followed when a company is wound up based on an application by a creditor of the company.  This section provides for a variety of instances when an application can be used to wind up a company. The most contentious […]

Debt review stands until its all paid off

    Litigation: Debt review stands until its all paid off – ruling The Gauteng High Court (Johannesburg) In a judgment written by Judge Roland Sutherland, has confirmed similar rulings in the Western Cape, KZN and Limpopo divisions, that the High Court does not have jurisdiction to release consumers from debt review. The judgment stems […]