CONSEQUENCES OF PUBLICATION

Consequences of publication in sequestration matters

After the publication of the notice of surrender it shall not be lawful to sell any property of the estate in question which has been attached under writ of execution or other process unless the person charged with the execution of the writ or other process could not have known of the publication.

After publication of the notice in the Gazette the Master may appoint a curator bonis of the debtor’s estate who will take into his custody and take over the control of any business or undertaking of the debtor, as if he were the debtor, as the Master of the High Court may direct, including any business the debtor is licensed to carry on in terms of the Liquor Act, 1938 but subject in every case to the provisions of the Insolvency Act relating to bank accounts, deposits, withdrawals and such matters.