What is sequestration Study guides, Class notes & Summaries
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MRL3701 EXAM PACK 2024
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MRL3701 
INSOLVENCY LAW 
PAST EXAM PACK QUESTIONS AND ANSWERS 
SUMMARISED NOTES 
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MRL 3701 
OCTOBER/NOVEMBER 2018 
QUESTION 1 
a) Inability to pay debts is, at most merely evidence of insolvency. (page 3) 
b) Brenda’s application for voluntary surrender must be set out the causes of her 
insolvency in some detail to enable the court to determine whether the 
application is ......................... 
c) Christopher commits an act of insolvency by depar...
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MRL2601 Assignment 2 (QUALITY ANSWERS) Semester 1 2024
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This document contains workings, explanations and solutions to the MRL2601 Assignment 2 (QUALITY ANSWERS) Semester 1 2024. For assistance call or us on 0.6.8..8.1.2..0.9.3.4........ Question 1 
1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract o...
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MRL2601 Assignment 2 (ANSWERS) Semester 1 2024 (347800) - DISTINCTION GUARANTEED
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Well-structured MRL2601 Assignment 2 (ANSWERS) Semester 1 2024 (347800) - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). Question 1 
1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the...
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MRL3701 Assignment 1 and 2 Semester 2 2024 | Due 23 August 2024
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See the table below and match the columns to answer the following questions. 
Case Name: 
Ratio decidendi of the case: 
Area of Insolvency Law applicable: 
(a) 
Amod v Khan 1947 (2) SA 432 (N) 
The relief sought in a sequestration application is directed at diminishing the legal status and capacity of a particular individual debtor, so it should pertain to that debtor’s circumstances only. 
Section 9 (4A) of the Insolvency Act 24 of 1936. 
(b) 
Ex Parte Arntzen (Nedbank Ltd as Intervening Cred...
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MRL3701 Examination Answers 26 OCTOBER 2023
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Question 1 
1.1 Explain when a formal defect in an application for the sequestration of an insolvent estate 
will be considered as fatal. (5) 
1.2 Explain why the court in Ex Parte Arntzen (Nedbank Ltd as Intervening Creditor) 2013 
(1) SA 49 (KZP) held that creditors are more vulnerable in voluntary surrender 
applications than in compulsory sequestration which then gives rise to the requirement 
of a higher level of disclosure. (15) 
1.3 One of the requirements of the Insolvency Act 24 of...
Too much month left at the end of the money?
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MRL2601 ASSIGNMENT 2 SEMESTER 1 2024
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MRL2601 ASSIGNMENT 2 SEMESTER % TRUSTED workings, explanations and solutions. 
 
Question 1 1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. However, the board has never formally appointed a managing director. Neverth...
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MRL2601 ASSIGNMENT 2 FOR SEMESTER 1 OF 2024 [347800]
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MRL2601 ASSIGNMENT 2 FOR SEMESTER 1 OF 2024 [347800] 
 
QUESTION 1. 
1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on the company’s behalf. 
However, the board has never formally appointed a managing director. Nevertheless, Lesedi, with th...
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MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW
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ANSWERS/ SOLUTIONS WITH REFERENCES & PREVIEW: 
 Question 1 
1.1 Explain the purpose of a sequestration order. (5) 
1.2 “A sequestration order may not be granted if a debtor has only one creditor and there 
are not enough assets to cover the costs of sequestration.” Indicate whether this 
statement is true or false, and then provide the reasons for your answer. (5) 
1.3 David approaches you for advice. He informs you that his brother, Samuel, owes him 
R15 000 for painting ...
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NR511 Final Exam Study Questions and Answers Graded A 2024
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Your client George, age 60, presents with pruritus and complaints of a Lymphadenopathy in his neck. He also complains of night sweats and has noticed a low-grade fever. He has not lost any weight and otherwise feel as well. He was widow and has been dating a new one recently. On physical exam, you find in large supraclavicular knows. You suspect: - HODGKIN LYMPHOMA 
 
Mindy, age 6, was recently discharged from the hospital after sickle cell crisis. You are teaching her parents to be alert to the...
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MRL2601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (347800) - DUE 15 April 2024
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MRL2601 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (347800) - DUE 15 April 2024 ; 100% TRUSTED workings, explanations and solutions. .........................................Question 1 1.1 Lesedi and Simphiwe registered Furnmax (Pty) Ltd, a company that sells office equipment. The Memorandum of Incorporation of Furnmax (Pty) Ltd indicates that the board of directors, consisting of Lesedi, Simphiwe, Carol and Precious, can appoint a managing director who would be authorised to contract on th...
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