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Rule 22 and Piecemeal Pleadings
- 29th Mar 2022
- Posted by: Barnard Inc
- Categories: Commercial Litigation, Company Law, Court Rulings, Debt Collection, Latest News, Liquidation Application, Litigation, Voluntary Liquidation
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Absa Bank Limited instituted action against Marcel Christoffel Meiring for payment in the amount of R1,1 million – an amount that was still outstanding in terms of a sale agreement of Arista CC which had been recently wound up.
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Dispositions made by a company that is being wound up | The court’s role
- 22nd Nov 2021
- Posted by: Barnard Inc
- Categories: Business Rescue, Commercial Litigation, Company Law, Court Rulings, Debt Collection, Latest News, Liquidation Application, Litigation
Recently, the SCA was asked to decide on circumstances in which it would be appropriate for a court to validate a disposition made by a company that is being wound up.
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Determining the Best Debt Collection Approach
- 30th Aug 2021
- Posted by: Barnard Inc
- Categories: Commercial Litigation, Company Law, Debt Collection, Latest News, Liquidation Application, Litigation
It is vital that any business, especially those offering products or services on credit, manage their debtors effectively, particularly in matters of payment terms.
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The Liquidation Application Process
- 19th Apr 2021
- Posted by: Barnard Inc
- Categories: Commercial Litigation, Company Law, Latest News, Liquidation Application
Liquidation implies that a business is not able to pay its debt and that the company’s liabilities now exceed its assets. The liquidation of a company further entails that the company will cease to operate and that is generally due to the company’s financial problems.
012 001 2739
info@barnardinc.co.za
012 001 2739
info@barnardinc.co.za
