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SJ Electronic Appliance Wholesalers and Distributors (Pty) Ltd (C374/15)

Date submitted: 08.10.2015

Comments made by the trustee/liquidator

The liquidation application was issued on  20 May 2015.

 

The provisional liquidation order was granted on 3 Jun  2015.

 

The provisional liquidators were appointed on 12 June 2015.

 

The final liquidation order was granted on 31 Jul 2015.

 

The liquidators are  waiting for the Master of the High Court, Cape Town to convene  the first meeting of creditors. The liquidators can not proceed with the administration of the estate until after the first meeting of creditors.The only asset in the estate is an old broken down van worth on or about  R10,000.00. At this point in time it seems that there will not be a dividend for the creditors and that there is a danger of contribution for proven creditors. 9 Oct 2015

 

The liquidators are still waiting for the Master of the High Court, Cape Town to convene  the first meeting of creditors. 19 Oct 2015

 

The liquidators are still waiting for the Master of the High Court, Cape Town to convene  the first meeting of creditors. 6 Nov 2015

 

The liquidators are still waiting for the Master to convene the First Meeting of Creditors. I will make an appointment with the Master next week to address this issue in person (again). 27 Nov 2015

 

The first meeting of creditors will to take place at The Master of the High Court, Cape Town on 19 January 2016  at 09:00.  We suggest that concurrent creditors consider their position carefully before proving a claim at the first meeting of creditors due to a danger of contribution.  If you still want to prove your claim despite the danger of contribution, please download the claim form from this website and follow the steps as set out in the ” When, where and how do I prove my claim ? ” section under FAQ. 8 Jan 2016

 

The Master of the High Court, Cape Town made a mistake with the first meeting of creditors which took place on 19 January 2016. The Master must reconvene the first meeting of creditors. The first meeting of creditors is expected to be advertised on 18 March 2016. 1 Mar 2016

 

The Master of the High Court, Cape Town has once again convened a first meeting of creditors, which will take place on 19 July 2016.  We trust that this meeting will be done correctly which will allow us to proceed with the liquidation of the company.

 

The second meeting of creditors will take place at The Master of the High Court, Cape Town on 26 August 2016; 09h00. Please find attach hereto a creditors report in terms of section 402 of the old companies act.  22 Aug 2016

 

No claims were proven at the second meeting of creditors. The liquidators will now proceed to sell the only asset in the company, a vehicle, via public auction .  26 August 2016

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  • Notice of Motion and Founding Affidavit

    Date:

    20150603

    Download

  • Provisional Order

    Date:

    20150603

    Download

  • Provisional Certificate of Appointment

    Date:

    20150612

    Download

  • Final liquidation order

    Date:

    20160310

    Download

  • Final certificate of appointment

    Date:

    20160726

    Download

  • Creditors report

    Date:

    20160822

    Download