Dear Creditors

Welcome to Summit Trust.

Kindly be advised that Jochen Eckhoff and Kishor N Rama will be attending to the liquidation of Adi Van Der Walt (Pty) Ltd (In Liquidation) “Adi ”. 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 Adi was voluntary liquidated by the Directors and Members of the company via the CIPC in terms of section 352(2) of the Companies Act 61 of 1973 on 20 December 2019. Furthermore, The Master of the High Court, Cape Town, “The Master” appointed Jochen Eckhoff (Summit Trust) and Kishor N Rama as Provisional Liquidators of Adi on 15 January 2020. It is the duty of the Provisional Liquidators to take control of the company’s assets and not to report on the company’s affairs. The Liquidators will submit a formal report at the second meeting of creditors and contributories in terms of section 402 of the Companies Act No. 61 of 1973.

The Master will now convene by notice in the Gazette, a first meeting of the creditors and members of the estate for, inter alia,  the proof of their claims against the estate. The Master 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 meetings is to be held.

Kindly download the claim form which you will see on the right of your screen. The claim must be completed, signed, commissioned and supported with documents proving your claim. If the claim is in your personal capacity then you must complete the power of attorney for a representative, who will prove your claim at the creditors meeting, but if Adi owes a company money which you represent then both the company resolutions and the power of attorney, attached to the claim, must be completed. If goods were sold and delivered to Adi on an open account then a statement must be submitted in support of the claim showing the monthly total and a brief description of the purchase and payments for the full period of trading or for the period of 12 months immediately before the date of liquidation, 20 December, whichever is the lesser.

The claim must be emailed to our offices, stephan@summittrust.co.za, within 14 days from 16 January 2020. If the claim is correct, we will advise you to deliver or courier the original claim to our offices: Summit Trust, 6^th Floor, 50 Long Street, Cape Town.

The first meeting of creditors and members was successfully held and closed on 21 February 2020 at the Magistrate’s Court, George at 09h00. The Liquidators shall, within three months, convene the second meeting of creditors and members. The purpose of the second meeting of creditors and members is to prove additional claims against the estate and to table a formal report to creditors and members. The time, date and place of the second meeting of creditors and members will be made available on this website.

The second meeting of creditors and contributories will be held at the Magistrate’s Court, George on the 3rd of April 2020 at 09h00.

Kindly be advised that all meetings of creditors and members, enquiries and activities pertaining to our estates will be suspended until further notice. We continue to closely monitor the development of the Coronavirus (COVID-19) outbreak and remain alert about potential risks to our estates and our client’s interests. We will strive to mitigate any damage suffered by all interested parties, due to these testing times, to the best of our abilities. We will keep you informed.

Please note the Master’s protocol pertaining to insolvent estates. We will proceed accordingly and keep you informed.

The second meeting of creditors and contributories was successfully held and closed on 4 September 2020 at 09h00 at the George Magistrate’s Court. The Liquidators will now proceed to wind-up the company in accordance with their report and resolutions adopted at the second meeting of creditors and contributories. The first and final liquidation, distribution and contribution account account will be submitted by October 2020.