n Transactions of the Centre for Business Law - Insolvency : caput 4
|Article Title||Insolvency : caput 4|
|© Publisher:||University of the Free State|
|Journal||Transactions of the Centre for Business Law|
|Publication Date||Jan 2010|
|Pages||98 - 184|
New developments concerning the sequestration of the estate of a partnership with incorporated members highlight the need to revisit the contrasting judicial interpretations of section 13 of the Insolvency Act 24 of 1936. This is particularly important in view of the recent decision of Commissioner, South African Revenue Services v Hawker Air Services (Pty) Ltd; Commissioner, South African Revenue Service v Hawker Aviation Partnership. In this judgment the Supreme Court of Appeal overruled decisions such as P de V Reklame (Edms) Bpk v Gesamentlike Onderneming van SA Numismatiese Buro (Edms) Bpk en Vitaware (Edms) Bpk and reinstated a considered body of jurisprudence.
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