Africa: Litigation, Mediation & Arbitration

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Must Sales Of Investment Properties Be Advertised In Accordance With Section 34 Of The Insolvency Act?
Section 34 of the Insolvency Act 24 of 1936, as amended ("the Act") requires a trader who, (in terms of a contract), transfers any business belonging to him, or the goodwill of such business or any goods or property forming part thereof (except in the ordinary course of that business or for securing the payment of a debt), to advertise the proposed transfer in the manner specified in the section.
South Africa Real Estate
WA
Werksmans Attorneys
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