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Insolvency Law Notes

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This is the exam notes for Insolvency (Elective subject). Study notes cover weeks 1 through 5. (Corporation Act)

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37 Pages Complete Study Notes < 1 Year old
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5 Ex Credits


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Topics this document covers:
Insolvency Law Finance Economy Bankruptcy Administration Liquidation Receivership South African insolvency law
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Insolvency Law Finance Economy Bankruptcy Administration Liquidation Receivership South African insolvency law
Sample Text:
2 Appointment by LIQ or Prov LIQ – 436B 8 2.3 Appointment by chargee – 436C 8 2.4 Challenging validity of appointment 9 3. Effect of appointment of VA 9 3.1 Effect on Directors 9 3.2 Effect on creditors 10 3.3 Effect on ROT claimants 11 3.4 Effect on contracts 11 3.5 Effect on secured creditors 12 3.6 Effect on owners and lessors 12 3.7 Protections for security holder/owner/lessor – 442C 13 3.8 Effect of employees 13 3.9 Effect on members 13 4. Appointment issues 14 4.1 Independence – Division 14 14 4.2 Replacement of administrator 16 4.3 Directions 16 4.4 Supervision by the Court 17 4.5 Administrator’s liability and indemnity for debts 17 5. Administrator’s Powers and Duties 18 5.1 Use of powers – investigation 19 5.2 Miscellaneous duties of Admin 20 6. The role of the Court in an Administration 21 7. Winding up and Voluntary Administration 22 8. Dev...
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