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Bookworms Paradise (Pty) Ltd
Date submitted: 26.02.2020
Comments made by the trustee/liquidator
Provisional Order of Liquidation
Provisional Certificate of Appointment
Preliminary Report
Final Order of Liquidation
Claim Form
Minutes of the First Meeting of Creditors
Final Certificate of Appointment
Signed Minutes of Second Meeting of Creditors
Signed Second Meeting Report and Resolutions
Master's Confirmation
Liquidators' release note
Dear Creditors
Welcome to Summit Trust.
Kindly be advised that Jochen Eckhoff and Anneke Barnard will be attending to the liquidation of Bookworms Paradise (Pty) Ltd t/a Buchhandlung Naumann (In Provisional Liquidation) “Bookworms ”. 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 all meetings of creditors and members, enquiries and activities pertaining to our estates will be suspended until further notice. We will 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.
Kindly be advised that Bookworms was provisionally liquidated on 30 January 2020. Furthermore, The Master of the High Court, Cape Town, “The Master” appointed Jochen Eckhoff (Summit Trust) and Anneke Barnard as Provisional Liquidators of Bookworms on 24 February 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.
Further instructions will follow if the provisional order of liquidation is made final on 5 March 2020.
The provisional order of liquidation was made final on 5 March 2020. 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 Bookworms 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 Bookworms 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, 10 January 2020 , whichever is the lesser.
The claim must be emailed to our offices, stephan@summittrust.co.za, within 14 days from 9 March 2020. If the claim is correct, we will advise you to deliver or courier the original claim to our offices: Summit Trust, 6th Floor, 50 Long Street, Cape Town.
The first meeting of creditors and members was successfully held and closed on 25 September 2020 at the Master’s Office, Cape Town at 09h00. The Liquidators shall, within three months, convene the second meeting of creditors and contributories. The purpose of the second meeting of creditors and contributories is to prove additional claims against the estate, adopt resolutions and to table a formal report to creditors and contributories. The time, date and place of the second meeting of creditors and contributories will be made available on this website.
The second meeting of creditors and contributories will be held at Master’s Office, Cape Town on 30 October 2020 at 09h00
The second meeting of creditors and contributories was successfully held and closed. 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 and distribution account was confirmed by the Master on 20 April 2021. The Liquidators will now proceed to distribute the assets of the company in accordance with the first and final liquidation and distribution account.
The Master will release the Liquidators from the estate and their duties after the distribution of assets have taken place. When the Liquidators receive the Master’s release note the liquidation process will be finalized.