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In South Africa, "provisional liquidation" has a very different meaning. When a creditor or other person applies to the court for the liquidation of a business, then the order is first made a provisional basis, and then subsequent confirmed (or not) at a full hearing, much like a decree nisi and a decree absolut in other jurisdictions.
A “debtor,” for the purposes of the Act, is “a person or a partnership, or the estate of a person or partnership, which is a debtor in the usual sense of the word, except a body corporate or a company or other association of persons which may be placed in liquidation under the law relating to companies.”
The North Gauteng High Court issued a provisional liquidation order on 7 November 2012, and decreed that the return date for the order would be 11 December 2012, at which time the court will rule on the final closure of the business. [8] On the same date, the Master of the High Court appointed Aviwe Ndyamara as the provisional liquidator.
23 February - The Financial Action Task Force removes Barbados from its "gray list" of countries not fully complying with measures to combat money laundering and terrorism financing. [ 1 ] Scheduled
The table below lists the judgments of the Constitutional Court of South Africa delivered in 2024. [1]The members of the court at the start of 2024 were the same as in 2023; Chief Justice Raymond Zondo, Deputy Chief Justice Mandisa Maya, and judges Jody Kollapen, Mbuyiseli Madlanga, Steven Majiedt, Rammaka Mathopo, Nonkosi Mhlantla, Owen Rogers, Leona Theron and Zukisa Tshiqi.
An OR has the following responsibilities: acting as interim receiver or provisional liquidator: At any time after a petition for an insolvency order under section 122 of the Insolvency Act 1986 (c. 45) has been presented, the court may appoint the OR as interim receiver (for an individual) or as provisional liquidator (for a company).
The Gazette includes proclamations by the President as well as both general and government notices made by its various departments. It publishes regulations and notices in terms of acts, changes of names, company registrations and deregistrations, financial statements, land restitution notices, liquor licence applications and transport permits.
The Christian holidays of Christmas Day and Good Friday remained in secular post-apartheid South Africa's calendar of public holidays. The Commission for the Promotion and Protection of the Rights of Cultural, Religious and Linguistic Communities (CRL Rights Commission), a chapter nine institution established in 2004, held countrywide consultative public hearings in June and July 2012 to ...