First Rand Bank Ltd v Coningsby and Another (6749/21; 6750/21) [2021] ZAGPJHC 175 (25 November 2021)

CL|Administrative Review|Administrative Action|Improper Conduct|Collusion

Sequestration applications – Insolvency Act 24 of 1936 – section 8(g) – acts of insolvency – s 12(1) — advantage to creditors — means a reasonable prospect that some pecuniary benefit will result — ‘advantage’ is broad and should not be rigidified – provisional sequestration orders granted.