Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Cross-Border Insolvency Act, 2000 (Act No. 42 of 2000)Chapter 5 : Concurrent Proceedings31. Presumption of insolvency based on recognition of foreign main proceedings |
In the absence of proof to the contrary, recognition of foreign main proceedings is, for the purpose of commencing proceedings under the laws of the Republic relating to insolvency, proof that the debtor is insolvent.
