Insolvency in South Africa primarily governed by the Insolvency Act 24 of 1936. The Insolvency Act governs the sequestration of trusts, partnerships and the estates of individuals that are insolvent. Insolvency in South African law refers to a status of diminished legal capacity imposed by the courts on persons who are unable to pay their debts or those people whose liabilities exceed their assets.
Clive Hendricks feature as an Insolvency Practitioner on the National List of Liquidators issued by the Master of the High Court, South Africa. On appointment as Liquidator / Trustees or Curator he has the capacity to ensure that assets which vest in the Trustees, Liquidators or Curator are secured. His team is well equipped to realise assets, investigate claims against the Estate and account to the Master of the High Court in a professional manner
Clive can assist clients with the following areas: