Phrase liquidation proceedings

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Question

Among the issues to be considered by the SCA was whether the phrase "liquidation proceedings" refers only to a pending liquidation application or whether the phrase includes the process of winding up of a company after being placed under final liquidation. Chetty v Hart NO 2015 (6) SA 424 (SCA). With reference to the relevant case law and journal article, critically discuss some of the challenges brought about by the SCA's interpretation of section 131(6).

Reference no: EM133840213

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