HomeNewsVoluntary Liquidation

  • 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. Photo Credit Reuters 2021

    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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  • Voluntary liquidation in South Africa

    • 7th Jan 2021
    • Posted by: Barnard Inc
    • Categories: Commercial Litigation, Company Law, Latest News, Voluntary Liquidation
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    Voluntary Liquidation of a Company

    The process of liquidation involves a company (or close corporation) ceasing all trading activities, selling its company assets and then distributing the proceeds to its creditors. There are two options for the voluntary winding-up of a solvent business.

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