Nedcor Investment Bank v Pretoria Belgrave Hotel (Pty) Ltd (344/2002)
Nedcor Investment Bank v Pretoria Belgrave Hotel (Pty) Ltd (344/2002) [2003] ZASCA 52; 2003 (5) SA 189 (SCA) (27 May 2003)
The Supreme Court of Appeal held that a purchaser’s unpaid balance was not an administration expense where the sale had been completed before liquidation.
- Effect Of Insolvency On Executory Contract
- Ranking Of Creditors
- Liquidation Procedure
- Administration Expenses
- Insolvency
- Liquidation