Other
MRL3701 Study guide 2019
- Institution
- University Of South Africa (Unisa)
Study Guide for the MRL3701 module in Insolvency law. Detailed notes guaranteed to help you ace your upcoming exams. Good luck!
[Show more]
Seller
Follow
Content preview
MRL3701/001/4/2012DEPARTMENT OF MERCANTILE LAW
MODULE: INSOLVENCY LAW
MODULE CODE: MRL3701 (MRL301M)
Contents
Only Study Guide for MRL3701 (MRL301M)
The purpose of this Study Guide is to lead you through
the prescribed textbook and the prescribed cases.
USE THIS STUDY GUIDE with Sharrock et al Hockly’s Insolvency Law 8 ed
(2006), the current version of the prescribed textbook for this module.
,ii
, iii MRL3701/001
CONTENTS
INSOLVENCY LAW – MRL3701 (MRL301M)
OVERVIEW .................................................................................................................. 1
INTRODUCTION TO THE MODULE...................................................................................... 7
Study unit 1
INTRODUCTION TO INSOLVENCY LAW ................................................................. 11
The scenario involving Tenza .......................................................................... 12
Study unit 2
VOLUNTARY SURRENDER ...................................................................................... 20
Study unit 3
VOLUNTARY SURRENDER ...................................................................................... 26
Study unit 4
COMPULSORY SEQUESTRATION ......................................................................... 36
Study unit 5
COMPULSORY SEQUESTRATION ......................................................................... 48
Study unit 6
THE LEGAL POSITION OF THE INSOLVENT ......................................................... 57
Study unit 7
VESTING OF THE ASSETS OF THE INSOLVENT ................................................... 67
Study unit 8
VESTING OF THE ASSETS OF THE SOLVENT SPOUSE ...................................... 75
Study unit 9
UNCOMPLETED CONTRACTS AND LEGAL PROCEEDINGS NOT YET FINALISED
.................................................................................................................................... 81
, iv
Study unit 10
UNCOMPLETED CONTRACTS AND LEGAL PROCEEDINGS NOT YET FINALISED
................................................................................................................................... 93
Study unit 11
UNCOMPLETED CONTRACTS AND LEGAL PROCEEDINGS NOT YET FINALISED
................................................................................................................................. 101
Study unit 12
MEETINGS OF CREDITORS AND PROOF OF CLAIMS ....................................... 108
Study unit 13
THE ELECTION OF THE TRUSTEE ....................................................................... 113
Study unit 14
IMPEACHABLE DISPOSITIONS — INTRODUCTION, AND DISPOSITIONS MADE
NOT FOR VALUE .................................................................................................... 121
Study unit 15
VOIDABLE DISPOSITIONS — VOIDABLE AND UNDUE PREFERENCE,
COLLUSIVE DEALINGS AND THE ACTIO PAULIANA.......................................... 133
Study unit 16
IMPEACHABLE DISPOSITIONS — TRANSFER OF BUSINESS WITHOUT
PRESCRIBED NOTICE ........................................................................................... 145
Study unit 17
CREDITORS’ CLAIMS AND THEIR RANKING — THE DIFFERENT TYPES OF
CREDITORS ............................................................................................................ 151
Study unit 18
CREDITORS’ CLAIMS AND THEIR RANKING — THE ORDER OF RANKING FOR
PAYMENT ................................................................................................................ 162
Study unit 19
COMPOSITION ........................................................................................................ 171
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller rileysingh03. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R180,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now