Malcolm Wentzel v Discovery Life Limited and Others: In Re Botha and Others NNO v Wentzel (1001/2019) [2020] ZASCA 121 (2 October 2020)

Insolvency Act 24 of 1936 – unrehabilitated insolvent –
nominated beneficiary in life insurance policy – save for narrowly defined exceptions, unrehabilitated insolvent not permitted to receive property that vests in him personally and keep it out of the reach of the trustees of the insolvent estate, even after liquidation and distribution account filed and approved – proceeds of life insurance policy vests in the trustees.