the curator of the insolvent estate is appointed by the master of the court in south africa

1 answer

In South Africa, when an estate is declared insolvent, the appointment of a curator (or trustee) to manage the estate is indeed made by the Master of the High Court. The Master oversees the administration of insolvent estates, ensuring that the process adheres to legal requirements and protects the interests of creditors and debtors.

The appointed trustee is responsible for realizing the assets of the estate, distributing them to creditors, and handling the necessary administrative tasks involved in the insolvency process. The trustee must act in accordance with the relevant laws, particularly the Insolvency Act of 1936, and must serve the interests of all parties involved in the insolvency proceedings.

If you require more specific information or have any particular questions about the process, feel free to ask!