Ex parte Van den Berg
| Jurisdiction | South Africa |
| Judge | Ramsbottom J |
| Judgment Date | 22 November 1949 |
| Citation | 1950 (1) SA 816 (W) |
| Hearing Date | 22 November 1949 |
| Court | Witwatersrand Local Division |
Ramsbottom, J.:
I do not think that this surrender should be accepted. The only asset in the estate is immovable property which has been sold to the applicant's son-in-law. The applicant brings up this asset in his schedules at a figure of £2,100 and shows debts secured by bonds on the property to the value of £1,890; he claims that the balance of £220 would be available for distribution amongst creditors. I do not propose to say anything on the merits or demerits of what the applicant proposes, but it seems to me that it is very doubtful that the sum of money amounting to £220, which he says would thus become available for distribution amongst his creditors, ever would become available. The purchaser - who is the intervening creditor, Naude - says that he bought this property in 1947 for the sum of £1,925 and that the amount owing on the bonds on the property to-day is £1,881, leaving less than £45 excess. Mr. Merber has argued that the property must be worth more than the bonds, but I can see no reason for saying that it must be worth more than the bonds. I have the fact that the property was bought for £1,925 and that is bonded for £1,881. It is true that the purchaser has spent some money on improvements, but I am not satisfied that the property has necessarily been...
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Ex parte Arntzen (Nedbank Ltd as Intervening Creditor)
...Mayet v Pillay 1955 (2) SA 309 (N): dictum at 311 applied G Ex parte Swart 1935 NPD 432: dictum at 433 applied Ex parte Van den Berg 1950 (1) SA 816 (W): referred FirstRand Bank Ltd v Evans 2011 (4) SA 597 (KZD): referred to MV Wisdom C: United Enterprises Corporation v STX Pan Ocean Co Ltd......
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Ex parte Henning
...applikant se gesegde onderneming gestand sal doen. In die derde plek is daar namens respondent, met 'n beroep op Ex parte Van den Berg 1950 (1) SA 816 (W), betoog dat die waarskynlikhede aandui dat H die onderhawige aansoek nie gebring is met die doel om skuldeisers te bevoordeel nie maar s......
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Bafana Finance Mabopane v Makwakwa and Another
...to De Wet v Dauth 1966 (4) SA 57 (O): compared and doubted Ex parte August 2004 (3) SA 268 (W): G referred to Ex parte Van Den Berg 1950 (1) SA 816 (W): Fortuin v Various Creditors 2004 (2) SA 570 (C): considered Madari v Cassim 1950 (2) SA 35 (D): considered McDonald v Enslin 1960 (2) SA 3......
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Ex parte Bouwer and Similar Applications
...I am not told what the applicants F earn and how it is consumed in paying for their other responsibilities. In Ex parte Van den Berg 1950 (1) SA 816 (W) at 818 Ramsbottom J went as far as to suggest that the benefit to creditors could even arise from the earnings themselves. . . [9] As indi......
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Ex parte Arntzen (Nedbank Ltd as Intervening Creditor)
...Mayet v Pillay 1955 (2) SA 309 (N): dictum at 311 applied G Ex parte Swart 1935 NPD 432: dictum at 433 applied Ex parte Van den Berg 1950 (1) SA 816 (W): referred FirstRand Bank Ltd v Evans 2011 (4) SA 597 (KZD): referred to MV Wisdom C: United Enterprises Corporation v STX Pan Ocean Co Ltd......
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Ex parte Henning
...applikant se gesegde onderneming gestand sal doen. In die derde plek is daar namens respondent, met 'n beroep op Ex parte Van den Berg 1950 (1) SA 816 (W), betoog dat die waarskynlikhede aandui dat H die onderhawige aansoek nie gebring is met die doel om skuldeisers te bevoordeel nie maar s......
-
Bafana Finance Mabopane v Makwakwa and Another
...to De Wet v Dauth 1966 (4) SA 57 (O): compared and doubted Ex parte August 2004 (3) SA 268 (W): G referred to Ex parte Van Den Berg 1950 (1) SA 816 (W): Fortuin v Various Creditors 2004 (2) SA 570 (C): considered Madari v Cassim 1950 (2) SA 35 (D): considered McDonald v Enslin 1960 (2) SA 3......
-
Ex parte Bouwer and Similar Applications
...I am not told what the applicants F earn and how it is consumed in paying for their other responsibilities. In Ex parte Van den Berg 1950 (1) SA 816 (W) at 818 Ramsbottom J went as far as to suggest that the benefit to creditors could even arise from the earnings themselves. . . [9] As indi......