MRL3701 Assignment 1 Due 30 August 2024

Assignment 01

OPENS FOR SUBMISSION: 23 August 2024

DUE DATE: 30 August 2024

QUESTION:

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 not consent to taxation of
attorney’s bill without it. The effects of rehabilitation in terms of s 124(3), if the order is
granted, is to reinvest insolvent with his estate.

3. Area of Insolvency Law applicable: Rehabilitation and abuse of sequestration
proceedings.