Contingency Fees Act, 1997
R 385.00
Co-operatives Act, 2005 (Act No. 14 of 2005)RegulationsCo-operatives Administrative Regulations, 2016Chapter 2 : Winding Up and Judicial Management of Co-operativesPart A : Winding-Up of Co-operativesProvisional winding up73. Effects of winding-up on legal proceedings |
After the commencement of the winding-up of a co-operative—
| (a) | no civil proceedings to which the co-operative is a party may be instituted or proceeded with until a liquidator has been appointed under regulation 14(1)(a); |
| (b) | any attachment or execution put into force against an asset of the co-operative under a judgement given by a court before the commencement of the winding-up will be void. |
