In Liquidation: BEARING & TRANSMISSION SERVICES CC

Follow-up meeting of creditors · Published 2024-09-06 · What is a Form 2?

Party
In Liquidation: BEARING & TRANSMISSION SERVICES CC

Case

Case number
N74/2023

Party

In Liquidation: BEARING & TRANSMISSION SERVICES CC, B1994/02754/23

Meeting / office / account

Meeting
1.To prove further claims
Trustee / liquidator
2024-10- 04, 09:00, MASTER OF THE HIGH COURT SOUTH AFRICA

From the gazette

BYEENKOMS VAN SKULDEISERS IN GESEKWESTREERDE BOEDELS OF MAATSKAPPYE
                             IN LIKWIDASIE
     Ingevolge artikels 41 en 42 van die Insolvensiewet, 1936, artikels 179 en 182 van die Maatskappywet, 1926,en
artikels 339 en 366 van die Maatskappywet, 1973, word hierby kennis gegee dat ’n byeenkoms van skuldeisers in
die gesekwestreerde boedels of maatskappye in likwidasie hieronder vermeld, gehou sal word.
     Die besonderhede word verstrek in die volgorde: (1) nommer van boedel/maatskappy; (2) die naam en
beskrywing van boedel/maatskappy; (3) die datum, uur en plek van byeenkoms en (4) die doel van byeenkoms. (5)
enige additionele aanhangsels of resolusies.
     In ’n plek waar ’n kantoor van ’n Meester is, word die byeenkoms voor die Meester en in ander plekke voor die
Landdros gehou.

             N74/2023—(2) In Liquidation: BEARING & TRANSMISSION SERVICES CC, B1994/02754/23; (3) 2024-10-
   04, 09:00, MASTER OF THE HIGH COURT SOUTH AFRICA; (4) 1.To prove further claims; 2. to consider trustees
   report; and 3.adopt resolutions.
             N813/2021—(2) Insolvent Estate: MSOMI, VS, 830512 5542 089; (3) 2024-09-27, 10:00, MASTER'S OFFICE
   PIETERMARITZBURG; (4) FOR PROOF OF CLAIM(S), 9. THAT the Liquidators / Joint Liquidators and/or Trustee /
   Joint Trustees be and are hereby authorized to dispose of the immovable and movable assets of the Company / Close
   Corporation and/or Insolvent Estate by either Public Auction or Public Tender or Private Treaty. The mode of sale for
   any one or more of the assets to be at the discretion of the Liquidator / Joint Liquidators and/or Trustees, and all costs
   incurred in relation thereto to be costs in the Liquidation / Sequestration. That actions in having disposed of assets,
   shares and loan accounts, prior to the date of this meeting, be and are hereby approved and ratified, all costs incurred
   in relation thereto to be costs in the Liquidation / Sequestration.” 13. THAT the Liquidator / Joint Liquidator and/or
   Trustee / Joint Trustees be and are hereby authorized and empowered in their discretion, to compromise or admit any
   claim against the Company / Close Corporation and/or Insolvent Estate, whether liquidated or un-liquidated, as a
   liquidated claim in terms of Section 78(3) of the Insolvency Act, as amended, provided that proof thereof has been
   tendered at a meeting of creditors. 26. THAT the trustees are hereby authorized to sell all the household furniture /
   movable assets to the insolvent at the valuation amount contained in the court application and on such terms and
   conditions as the trustees may determine. In the event of the insolvent not paying the full amount, the trustee be
   authorized to sell the assets by public auction or private treaty. All costs incurred will be treated as administration costs.

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