Dec 12, 2017 | Conveyancing and Property Law, Insolvency Law
In 2017, the Body Corporate of Empire Gardens put an application before the Court for a compulsory sequestration of an owner in order to recover unpaid levies. The question put before the Court in the case of Body Corporate of Empire Gardens v Sithole and Another 2017...
Feb 2, 2017 | Insolvency Law
Insolvency is the state of being unable to pay the money owed, by a person or company, on time. To be sequestrated means that your assets are sold in order to pay your debt. Under current South African Insolvency Law, a person can be sequestrated either voluntarily or...
