Trifles test - Study guides, Class notes & Summaries

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MRL3701 STUDY SUMMARY NOTES WITH QUESTIONS.
  • MRL3701 STUDY SUMMARY NOTES WITH QUESTIONS.

  • Summary • 93 pages • 2022
  • MRL3701 STUDY SUMMARY NOTES WITH QUESTIONS. This is an all-inclusive and a complete guide to MRL3701 - Insolvency Law 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 va...
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