INSOLVENCY LAW (MRL3701)

(a) Concept of a Voidable Preference A voidable preference refers to a situation in insolvency law where a debtor, while facing financial difficulties, preferentially pays one creditor over others before the insolvency proceedings begin. This preferential payment can be challenged and potentially reversed by the trustee in insolvency proceedings. To have a transaction set aside as a voidable preference, a trustee must prove the following elements: ▪ Pre-Insolvency Payment: The tran...

MRL3701 Assignment 1 Full Solutions Semester 2 2024 - DUE 30 August 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. See the table below and match the columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) 2. Ratio decidendi of the case: This was an application for rehabilitation. Several ca...

See the table below and match the columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) 2. Ratio decidendi of the case: This was an application for rehabilitation. Several cases of abuses of the sequestration process. Attorneys should limit their fees and expenses to those stated in application and trustees may no...

QUESTION: Simphiwe owes a total of R3 million to various creditors. His creditors include Tebogo to whom he owes R400 000. He also owes R1,3 million to BFN Bank. Last year Simphiwe invested in a get-rich-quick scheme and as a result he lost a lot of money. This left him in a dire financial situation. By 31 October 2023 his liabilities exceeded his assets by R800 000. Over the past few months Simphiwe has failed to pay some of his debts. In particular he failed to pay the R400 000 he ow...

MRL3701 Assessment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 20 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Assignment 02 OPENS FOR SUBMISSION: 13 September 2024 DUE DATE: 20 September 2024 This is an ordinary written or typed assignment. This assessment must be uploaded to MyModules. No emailed submissions will be accepted. Do not use a mark-reading c...

MRL3701 Assignment 1 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 30 August 2024. See the table below and match the columns to answer the following questions. You must therefore answer the question as follows on your answer sheet (see ONLY AN EXAMPLE below) and do so for every question (a) – (e). (a) 1. Case name: Ex Parte Snooke 2014 (5) SA 426 (FB) 2. Ratio decidendi of the case: This was an application for rehabilitation. Several cases of abuses of the sequestration process. Attorne...

MRL3701 ASSIGNMENT 1 SEMESTER 2 2024 DUE 30 AUGUST 2024

MRL3701 ASSIGNMENT 1 SEMESTER 2 2024 DUE 30 AUGUST 2024

MRL3701 Assignment 2 (ANSWERS) Semester 1 2024

MRL3701 ASSIGNMENT 1 SEMESTER 2 2024 DUE 30 AUGUST 2024 CORRECT ANSWERS | COMPLETE SOLUTIONS