Louis Group International Foundation
Date submitted: 26.03.2019
Comments made by the trustee/liquidator
Welcome to Summit Trust.
Kindly be advised that Jochen Eckhoff and Mustufa Mohamed will attend to the sequestration of Louis Group International Foundation “LGIF”. Furthermore, all communications regarding this estate (progress reports, creditor reports, meeting of creditors) will be done via this online estate profile, the Government Gazette and one or more newspapers circulating in the district in which the insolvent resides or his principal place of business is situated. If you register to this estate you will receive notifications, via email, when we update the estate.
Kindly be advised that LGIF was provisionally sequestrated on 19 February 2019. Furthermore, The Master of the High Court, Cape Town, appointed Jochen Eckhoff (Summit Trust) and Mustufa Mohamed to be the Provisional Trustees of LGIF on 19 March 2019.
Please be advised that it is our duty as Provisional Trustees to secure the assets of the insolvent and not to comment on the estate’s affairs. Further information and instructions will follow if the provisional order is made final on 16 April 2019.
The provisional order of sequestration was made final on 16 April 2019. The Master of the High Court will now convene by notice in the Gazette, a first meeting of the creditors of the estate for the proof of their claims against the estate. The Master’s shall publish such notice on a date not less than ten days before the date upon which the meeting is to be held and shall in such notice state the time and place at which the meeting is to be held.