In Liquidation: Trade Demonstration CC
Follow-up meeting of creditors · Published 2025-04-04 · What is a Form 2?
- Party
- In Liquidation: Trade Demonstration CC
- ID / Reg no
- 1998/016136/23
Case
- Case number
- G1306/2024
Party
In Liquidation: Trade Demonstration CC, 1998/016136/23
Meeting / office / account
- Meeting
- FURTHER PROOF OF CLAIMS. THAT the liquidators have the power at their sole discretion to Resolution 2.4 -Compromise or admit any claim against the Company, whether liquidated or unliquidated if proof thereof has been duly tendered at a
- Trustee / liquidator
- 2025-04-16, 09:00, MAGISTRATE RANDBURG.
From the gazette
G1167/2023—(2) In Liquidation: ELMOPAX [PTY] LTD, 2015/192855/07; (3) 2025-04-17, 10:00, MASTER OF THE SOUTH GAUTENG HIGH COURT, JOHANNESBURG; (4) FURTHER PROOF OF CLAIMS. . G477/2023—(2) In Liquidation: BY HIS GRACE PACKAGING [PTY] LTD, 2013/083278/07; (3) 2025-04-17, 10:00, MASTER OF THE SOUTH GAUTENG HIGH COURT, JOHANNESBURG; (4) FURTHER PROOF OF CLAIMS. . T1064/2019—(2) Insolvent Estate: KNOETZE - ALICIA SHERRIN, 8505130189087; (3) 2025-04-22, 10:00, MASTER OF THE NORTH GAUTENG HIGH COURT, PRETORIA; (4) FURTHER PROOF OF CLAIMS. . G1306/2024—(2) In Liquidation: Trade Demonstration CC, 1998/016136/23; (3) 2025-04-16, 09:00, MAGISTRATE RANDBURG.; (4) FURTHER PROOF OF CLAIMS. THAT the liquidators have the power at their sole discretion to Resolution 2.4 -Compromise or admit any claim against the Company, whether liquidated or unliquidated if proof thereof has been duly tendered at a meeting of creditors; Resolution 2.8 -Terminate any lease entered into by the Company as lessee; Resolution 2.9 -Sell any movable and immovable property of the Company by public auction, public tender or private contract, or to abandon property to a secured creditor as payment in kind to discharge the creditors' secured claim against the Company in full or in part (subject to such secured creditor paying the costs contemplated in section 89 of the Insolvency Act pertaining to such property) and to give delivery thereof; Resolution 3- . The liquidators shall have the power to engage the services of any attorney or counsel to assist, represent, act for and generally perform any legal work for the Close Corporation and/or the liquidators including but not limited to assisting the liquidators in exercising any of their powers, to attend meetings of creditors or members of the Close Corporation, to apply for and attend and represent the Close Corporation and the liquidators at any examination or interrogation or enquiry under the Act and in any proceedings contemplated in chapter 14 of the Act and to agree with such attorneys and counsel on the tariff or scale of fees to be charged by and paid to such attorneys and counsel for the rendering of services to the Close Corporation and/or the liquidators, and to conclude written agreements with attorneys or counsel contemplated in section 73(2) of the Insolvency Act. Subject to the provisions of section 73 of the Insolvency Act, the costs incurred to engage the services of any attorney or counsel shall not be subject to the taxation of the taxing of the court. All costs incurred or to be incurred by the liquidators and the Close Corporation, including any costs awarded against the Close Corporation or the liquidators in legal proceedings instituted on behalf of or against the Close Corporation, shall be included in the costs of the winding up of the Close Corporation and paid out of the property of the Close Corporation. Resolution 6 -The liquidators shall have the power to utilise the services of former directors and employees of the Company to assist the liquidators in fulfilling their general duties as contemplated in section 391 of the Act and for the remuneration, disbursements, accommodation and traveling expenses of such former directors and employees to be included in the costs of th .