MRL3701 ASSIGNMENT 1 SEMESTER 2 – 2023 (631879)

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MRL3701 ASSIGNMENT 1 SEMESTER 2 – 2023 (631879)

CLOSING DATE: 31 AUGUST 2023

QUESTION 1
See the table below and match the three 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) (1/2 mark)
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. (1 mark)
3. Area of Insolvency Law applicable: Rehabilitation and abuse of sequestration proceedings. (1/2 mark)

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