Insolvent Estate: MSOMI
Follow-up meeting of creditors · Published 2024-09-06 · What is a Form 2?
- Party
- Insolvent Estate: MSOMI
- ID / Reg no
- 8305125542089
Case
- Case number
- N813/2021
Party
Insolvent Estate: MSOMI, VS, 830512 5542 089
Meeting / office / account
- Meeting
- 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 L
- Trustee / liquidator
- 2024-09-27, 10:00, MASTER'S OFFICE PIETERMARITZBURG
From the gazette
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.