AYS Logistics CC (C 579/2018)
Date submitted: 20.09.2018
Comments made by the trustee/liquidator
Welcome to Summit Trust.
Kindly be advised that Jochen Eckhoff and Yousuf M Hassen will attend to the liquidation of AYS Logistics CC (In liquidation) “AYS”. Furthermore, all communications regarding this estate (progress reports, creditor reports, meeting of creditors etc) will be done via this online estate profile, the Government Gazette and one or more newspapers circulating in the district in which the company was registered or had its main place of business.
Kindly be advised that AYS was liquidated on 21 August 2018. Furthermore, The Master of the High Court, Cape Town, appointed Jochen Eckhoff (Summit Trust) and Yousuf M Hassen to be the liquidators of the corporation on 10 September 2018.
Please be advised that when a corporation is liquidated it is the initial duty of the liquidators to, inter alia, take charge of the corporation’s assets and not to comment on its affairs. The liquidators will submit a formal creditors report in terms of section 79 of the Close Corporations Act at the second meeting of creditors.
The Liquidators will, within a month, convene by notice in the Gazette, The first meeting of the creditors and members of the corporation for, inter alia, the proof of their claims against the corporation. The Liquidators shall publish such notice on a date not less than ten days before the date upon which the meetings is to be held and shall in such notice state the time and place at which the meeting is to be held.
The first meeting of creditors was successfully held and closed on 24 October 2018 at the Magistrate’s court, Goodwood at 09h00. The Liquidators shall, within three months, convene the second meeting of creditors. The purpose of the second meeting of creditors is to prove additional claims against the estate, adopt resolutions and to table a formal creditors, members and contributories report. The time, date and place of the second meeting of creditors and the creditors, members and contributories report will be made available on this website.
The second meeting of creditors and members will be held at The Magistrate’s Court, Goodwood, on 28 November 2018 at 09h00.
The second meeting of creditors and members was successfully held and closed. The liquidators will now proceed in accordance with the section 79 report and creditors directions. The first liquidation and distribution account will be submitted by 10 March 2019.