question archive The "advantage to creditors" requirement is stricter in voluntary surrender applications than in compulsory sequestration
Subject:LawPrice: Bought3
The "advantage to creditors" requirement is stricter in voluntary surrender applications than in compulsory sequestration. With reference to Ex Parte Arntzen (Nedbank Ltd as Intervening Creditor) 2013 (1) SA 49 (KZP), explain the facts and reasoning of the courts. Remember to refer to relevant legislation in your case discussion.