The legal process for a liquidation requires the applicant to state on affidavit why the court should place the company in liquidation The affidavit sets out, among other things, the history of the company or the relationship between the creditor and the company and the fact that the company is unable to pay its debts as and when they fall due ....
South Africa - liquidation, business rescue and compromises under the Companies Act 71 of 2008 , Under the current law in South Africa the winding-up of solvent and insolvent , to, inter alia, lodge their claims, and nominate final liquidators The first meeting usually takes place within six to eight weeks of...
28-09-2021 0183 32 Steinhoff pushes back on liquidation in South Africa Business Day journalist Katharine Child says the case is tricky because Steinhoff is a multinational company that is in a type of bankruptcy ....
Master of the High Court, registerJ1d trade unions and employees, the South African Revenue Service and the furnishing of sec rity for costs, a liquidation application is incompetent of being brought on an urgent basis I hasten to point out that this submission is obviously r incorrect...
14-08-2019 0183 32 Zambia s President Edgar Lungu met with the chairman of Vedanta Resources to discuss the disputed liquidation of its Konkola Copper Mines, ....
16-10-2007 0183 32 South Africa Misuse Of The Liquidation Process It has been said that in corporate litigation, a liquidation application is the equivalent of a powerful bomb The liquidation process is intended for the winding up of the affairs of an insolvent business entity or to bring an equitable end to its existence in certain prescribed circumstanc...
Apply for solvent liquidation of your company or close corporation Print and complete form CoR401 Scan and e-mail the completed and signed documents together with supporting information to liquidations cipccoza The following supporting documents must be included in your e-mail for winding up by the company or creditors...
Africa Mining IQ has the info you need We provide details for over 100 South African mines that are currently dormant and have relinquished their licenses As your essential mining intelligence resource, Africa Mining IQ delivers all the information you need to better understand which mines best meet your specific business objectiv...
Under South African law there are 14 options , Once a Liquidator is appointed we set up a meeting with the Liquidator at which meeting we represent you , is because have first hand knowledge of the amounts that creditors are owed and you can assist the Liquidator to spot false claims against your insolvent estate...
If the liquidator disputed any claims against the company in liquidation, the Master must ensure that the procedure for dealing with disputed claims has been duly observed Once he is satisfied that the proper procedure has been followed the accounts are advertised and to lie for inspection as provided in the Act...
Mirror Trading International Pty Ltd - Liquidation Mirror Trading International Pty Ltd t/a MTI was provisionally liquidated on 29 December 2020 in the High Court of South Africa, Western Cape Division under case number 19201/2020, and ,...
JANUARY MINING, CONSTRUCTION AGRICULTURAL ONLINE AUCTION Estate Late, Liquidations Various Instructions Starting 17 Jan 2022 08 00 Ending From 27 Jan 2022 11 00 NEW YEAR DISPOSABLE ASSET ONLINE AUCTION Estate Late, Liquidations Various Instructions...
mines up for liquidation in south africa Afrimat steps in to save Nkomati anthracite mine in South Oct 06, 2020 Afrimat has released communication on the Stock Exchange News Service SENS indicating that it had lodged limestonein the High Court of South Africa, Gauteng Local Division, Johannesburg, asking for Nkomati Anthracite Nkomati to be placed under ,...
23-01-2021 0183 32 Liquidators in South Africa are requesting more powers of investigation into a digital currency trading scheme which some have accused of lying, fraudulent and illegal behavior towards investors According to reports, four liquidators are appealing for greater powers of scrutiny into Mirror Trading International, after the firm was found wanting in an investigation ,...
Liquidation Procedures for Co-operative Financial Institutions 6 Liquidation Date - The date that at least 75 of the members vote to approve liquidation Liquidating dividends - a type of non-dividend distribution made by a co-operative to its members during its ,...
THE SOUTH AFRICAN LEGISLATIVE FRAMEWORK FOR MINE CLOSURE Elize Swart Department Minerals and Energy, Private 8ag X59, Pretoria, 0001 ABSTRACT The purpose of this paper is to provide an overview of the current legislative framework for mine closure within South Africa as well as the new requirements in...
Liquidation of Mintails leaves US 224 million environmental mess to clean up Mintails Mining South Africa Pty Ltd and several related companies have announced their liquidation, throwing into question the environmental rehabilitation of highly ,...
25-05-2021 0183 32 Statistics South Africa has published its latest report on liquidations and insolvencies, with the data showing a steep annual increase in liquidations across the country...
mines up for liquidation in south africa Gold miner silicosis litigation re So Africa - Business , Dec 21, 2012 On 21 December 2012 attorney Richard Spoor filed a motion in South Africa court seeking class certification for as many as 17,000 ex-gold miners suffering from the lung disease silicosis...
22-11-2021 0183 32 Companies in South Africa with Provisional Liquidation , - Know More Log in/Sign up Found 1,395 , inactive ACNE MINING South Africa, , 1,395 Provisional Liquidation remove filter Filter by company type 923 Close Corporation....
mines up for liquidation in south africa Our Purpose And Belief L M Heavy Industry is committed to provide the global customers with the first-class products and superior service, striving to maximize and optimize the interests and values of the customers, and build bright future with high quality...
27-04-2021 0183 32 Troubled cement maker Athi River Mining is set for liquidation in the next five months and eventual delisting from the Nairobi Securities Exchange after more than , 43 million of the proceeds of the sale have been locked up by the Kenya Revenue Authority in respect of contested tax claims and are not , In South Africa, ....
25-12-2021 0183 32 Monty Panesar also backed under-fire India captain Virat Kohli to put behind all the off-field controversies and do well with the bat in the three-Test series in South Africa...
Experienced technicians guidance is available on the phone, and on the internet. One or more engineers will be dispatched to the quarry site to help install the customers’ plants. Necessary training about machine daily maintenance to local workers is provided also.
