First Rand Bank Limited v Master of High Court (Pretoria) and Others (1120/2019) [2021] ZASCA 33 (7 April 2021)

Flynote

Insolvency Act 24 of 1936 – interpretation of ss 106, 89 (2) and
14 (3) – liability for costs of sequestration when there is no free residue or free
residue is insufficient – whether secured creditors relying solely on their
security are liable to contribute – whether petitioning creditor is solely liable.


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