Dear Creditors

Welcome to Summit Trust.

Kindly be advised that Jochen Eckhoff and Maryke Landman will be attending to the liquidation of JR 2079 Investments CC (In Provisional Liquidation) “JR Investments ”. 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 Close Corporation was registered or had its main place of business. If you register to this online estate profile you will receive notifications, via email, every time it is updated. In this regard, we kindly request that you familiarize yourself with our disclaimer available at the bottom of this web-page.

Kindly be advised that JR Investments was provisionally liquidated on 12 October 2020. Furthermore, The Master of the High Court, Cape Town, “The Master” appointed Jochen Eckhoff (Summit Trust) and Maryke Landman as Liquidators of JR Investments on 30 October 2020. At this point in the liquidation, it is the duty of the Liquidators to take control of the Close Corporation’s assets and not to report on the Close Corporation’s affairs. The Liquidators will submit a formal report at the second meeting of creditors and members as required by section 79 of Close Corporations Act 69 of 1984.

Further instructions will follow if the provisional order of liquidation is made final on 26 November 2020.

The provisional order of liquidation was made final on 26 November 2020. The Liquidators will now convene by notice in the Gazette, a first meeting of the creditors and members of the estate for the purpose of considering the statement as to the affairs of the corporation lodged with the Master by the Member(s), proving claims against the estate, deciding whether a co-liquidator should be appointed and receiving or obtaining directions or authorization in respect of any matter regarding the liquidation . The Liquidators 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

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 JR Investments  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 JR Investments  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, 28 August 2020, whichever is the lesser.

The claim must be emailed to our offices, stephan@summittrust.co.za, within 14 days from 27 November 2020. If the claim is correct, we will advise you to deliver or courier the original claim to our offices: Summit Trust, 2nd Floor, 155 Loop Street, Cape Town.

Kindly be advised that the Government Printing Department is experiencing technical issues with the publishing of the Government Gazette, which in turn affects both the Master of the High Court as well as Summit Trust’s ability to, inter alia, convene meetings of creditors, publish notices of inspection of liquidation and distribution accounts and publish notices of confirmation of liquidation and distribution accounts. In this regard, please see attached correspondence from the South African Restructuring & Insolvency Practitioners Association (SARIPA) and the Government Printing Department’s response thereto.

The first and second meeting of creditors and members will be held at the Magistrate’s Court, Somerset West on 22 April 2021 at 09h00.

The first and second meeting of creditors has been adjourned to 6 May 2021.

The first meeting of creditors and members was successfully held and closed on 6 May 2021 at Magistrate’s Court, Somerset West 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 members will be held at The Master’s Office, Cape Town on 6 July 2021 at 09h00.

The second meeting of creditors and members was successfully held and closed. The Liquidators will now proceed to wind-up the Close corporation in accordance with their report and resolutions adopted at the meetings of creditors and members.