Ex parte: Selesnik [1912] ZATPD 114 (8 October 1912)

Reported
Flynote

lnsolvency Composition Costs ofadministration Payment
of Rehabilitation.

Case summary

The only creditor who proved in an insolvent estate was
the insolvent's solicitor. At the third meeting of
creditors the solicitor, who was the only creditor
present, offered, on behalf of the insolvent to pay all
the costs of administration in full settlement. This
offer was accepted by the creditor and confirmed at a
subsequent meeting at which the solicitor was again
the only creditor present. The solicitor's claim was
also paid in full. Held, that there had been a composition
in terms of sec. 132 of Law 13 of 1895, and
that the insolvent was entitled to his rehabilitation
immediately thereafter.


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