Dear Creditors

Welcome to Summit Trust.

Kindly be advised that Jochen Eckhoff and Winnie G Gumede will be attending to the liquidation of Navopoint (Pty) Ltd (In Provisional Liquidation) “Navo”. 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 Navo was provisionally liquidated on 1 November 2019.  Furthermore, The Master of the High Court, Cape Town, appointed Jochen Eckhoff (Summit Trust) and Winnie G Gumede as Provisional Liquidators of Navo on 26 November 2019. 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 creditors report at the second meeting of creditors.

Further instruction will follow if the order is made final on 12 December 2019.

The provisional order of liquidation was made final on 12 December 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.

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 clients’ 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.

The first meeting of creditors and members was successfully held and closed on 8 December 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 4 February 2021 at 09h00.

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.