DEALING WITH A BANKRUPT’S AFFAIRS IN SOUTH AFRICA
This chapter provides information and advice on issues of a practical nature when dealing with the bankrupt’s affairs (particularly, assets) in South Africa.
Currently the chapter contains only information to assist in dealing with an insolvent’s property in South Africa. The intention is that the chapter will be further developed to deal with other issues relating to that country as the need arises.
Chapter 43.0 covers those areas common to all “international” bankruptcies (such as gaining recognition of the insolvency order in another country and the legal basis on which the official receiver, as trustee, is able to deal with assets in overseas).
The chapter is divided into the following parts:
The following abbreviations are used in this chapter:
UNCITRAL – United Nations Commission on International Trade Law