Question
paraphrase:
In line with such reasoning, my submission is that provisions of the Insolvency
Act 24 of 193619 and the Companies Act 61of 197320 which require insolvent persons
and o⁄cers of liquidated companies to notify the trustee or liquidator of their residential address, or to account for property or documents which were in their possession, serve a valuable purpose, in the public interest, and are therefore, in my
submission, reasonable and justi¢able in an open and democratic society
In line with such reasoning, my submission is that provisions of the Insolvency
Act 24 of 193619 and the Companies Act 61of 197320 which require insolvent persons
and o⁄cers of liquidated companies to notify the trustee or liquidator of their residential address, or to account for property or documents which were in their possession, serve a valuable purpose, in the public interest, and are therefore, in my
submission, reasonable and justi¢able in an open and democratic society
Answers
GPT-4o mini
In accordance with this argument, I contend that the requirements outlined in the Insolvency Act 24 of 1936 and the Companies Act 61 of 1973, which mandate insolvent individuals and officers of liquidated companies to inform the trustee or liquidator of their residential addresses and to provide an account of any property or documents they possessed, are essential for the public good. Therefore, I believe these provisions are both reasonable and justifiable within an open and democratic society.