Imperial Bank Ltd v Gerber NO and Another (24430/09) [2010] ZAWCHC 581 (29 November 2010)

40 Reportability
Insolvency Law

Brief Summary

Insolvency Law — Final sequestration — Application for final sequestration of estate — Applicant sought to have the estate of the first and second respondents, as joint trustees of the Pepperwood Estate Trust, placed under final sequestration — Rule nisi granted previously made absolute — Court ordered that the estate be placed under final sequestration with costs of the application to be costs in the sequestration.

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[2010] ZAWCHC 581
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Imperial Bank Ltd v Gerber NO and Another (24430/09) [2010] ZAWCHC 581 (29 November 2010)

SAAKNO.
24430/2009
IN
DIE HOE HOF VAN SUID-AFRIKA
(WES-KAAP
HOE HOF)
KAAPSTAD:
Maandag 29 November 2010
VOOR
SY EDELE REGTER CLEAVER
In
die saak tussen:
IMPERIAL
BANK LTD
….............................................................................................
Applikant
En
EATON
STEPHANUS GERBER
….............................................................
Eerste
Respondent
CLAIRE
DENISE GERBER
…....................................................................
Tweede
Respondent
In
hul hoedanigheid as trustees van PEPPERWOOD ESTATE TRUST (IT
3099/2006)
Na
aanhoor van die Regsverteenwoordiger vir die Applikant en deurlees
van die betrokke stukke:
GELAS
DIE HOF:
Dat
die aansoek vir verlof om teen uitspraak van 2 November 2010 te
appelleer van die hand gewys word met koste.
OP
LAS VAN DIE HOF
HOF
GRIFFIER
5
Strauss Daley Balsillies Ing.
KAAPSTAD
FINAL
SEQUESTRATION
IN
THE HIGH COURT OF SOUTH AFRICA
CASE
NO. 24430/09
(WESTERN
CAPE HIGH COURT)
CAPE
TOWN: Tuesday 2 November 2010
Before
the Honourable Mr Justice Cleaver
In
the matter between:
IMPERIAL
BANK LIMITED Reg. No.
1995/012641/06
......................................
Applicant
and
EATON
STEPHANUS GERBER N.O.
….....................................................
1
st
Respondent
CLAIRE
DENISE GERBER N.O.
…............................................................
2
nd
Respondent
In
their capacities as joint trustees of the Pepperwood Estate Trust
(IT3099/2006) Of 73 Jan Van Riebeeck Road, OUDTSHOORN, Western
Cape
Having
heard the Legal Representative for the Applicant and having read the
documents filed of record;
IT
IS ORDERED:
That
the rule nisi granted on 18 August 2010 is made absolute and the
estate of First and Second Respondents, in their capacities
as joint
trustees of the Pepperwood Estate Trust ("the Trust") is
placed under Final Sequestration. That the costs
of the application
will be costs in the sequestration.
BY
ORDER OF THE COURT