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MRL3701 Assignment 2 2026 – Due 24 March 2026
MRL3701 Assignment 2 2026
OPENS FOR SUBMISSION: 13 March 2026
DUE DATE: 24 March 2026
Question 1
What is the intended purpose of section 21 of the Insolvency Act 24 of 1936?
The principal purpose of section 21 of the Insolvency Act is to vest the separate
property of the solvent spouse in the Master and ultimately the trustee on sequestration
so that the insolvent estate is not deprived of assets to which it may be entitled.
This serves three practical aims:
MRL3701 Assignment 2 2026
OPENS FOR SUBMISSION: 13 March 2026
DUE DATE: 24 March 2026
Question 1
What is the intended purpose of section 21 of the Insolvency Act 24 of 1936?
The principal purpose of section 21 of the Insolvency Act is to vest the separate
property of the solvent spouse in the Master and ultimately the trustee on sequestration
so that the insolvent estate is not deprived of assets to which it may be entitled.
This serves three practical aims:
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