False. In South Africa, sequestration is a legal process involving the liquidation of a debtor's assets to pay off creditors. If a natural person is insolvent (i.e., unable to pay their debts) and has no advantage for creditors, it typically indicates that sequestration may not be granted. The process is primarily intended to provide a mechanism for creditors to recover debts; if there are no assets or benefits to be gained for the creditors, the court may be less likely to grant sequestration. However, each case is unique, and the decision ultimately lies with the court after evaluating the specific circumstances.
if the sequence of a natural person has no advantage for creditors, the sequenstration will be granted in south africa
true or false
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