South African Restructuring and
Insolvency Practitioners Association

Anyone who is facing bankruptcy, liquidation or sequestration has come to the right place for assistance with a business rescue and/or the services of a reputable Insolvency Practitioner. The South African Restructuring & Insolvency Practitioners Association (SARIPA) is a non-profit organisation with a membership of approximately 440 qualified Insolvency Practitioners, Business Rescue Practitioners, Chartered Accountants, Lawyers & Tax Consultants. This site contains sections that are geared to SARIPA Members, as well as to anyone interested in joining SARIPA.
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Goodbye AIPSA... Hello SARIPA!

This association changed its name from AIPSA (Association of Insolvency Practitioners of Southern Africa) to SARIPA (South African Restructuring & Insolvency Practitioners Association) on 1st July 2012.

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email SARIPA at info@saripa.co.za.

Membership Applications Deadline

Applications for Membership close on the 27th of August 2014 as our next National Board Meeting will be held on the 29th of August 2014.

 

By becoming a member of SARIPA you will enjoy receiving regular information on case law and statutory updates via our Insolvency Update and interesting information on insolvency law and business rescue via our Legal Update … as per the examples below …

An extract from SARIPA Insolvency Law Update 6 of 2014 dated 31 March:

Paulsen v Slip Knot Investments

A “large agreement” as described in s 9(4) of the National Credit Act 34 of 2005 is not unlawful if at the time the agreement was made the credit provider was unregistered and the Act requires that credit provider to be registered (section 89(2)(d)).

If interest has reached the capital amount (in duplum) prior to litigation commencing, interest will accumulate afresh on the capital debt from the date of service of the summons or application papers and once judgment is pronounced the capital and interest accumulated up to that date are consolidated and interest begins to run again on the consolidated debt until it reaches the capital amount.

Read more

 

An extract from one of our recent Legal Updates, non-peer reviewed articles:

Title: "Non-cession clauses on insolvency: company law"

Author: Julian Jones; Yaniv Kleitman
From: Without Prejudice, Vol 14, Issue 1, Feb
Published: 2014

Abstract: When a company is placed in liquidation, a number of the ordinary principles of our law of obligations (in particular, contract) are, to some extent, turned on their heads. A liquidator steps in and has a duty to recover all amounts owing to the company and to sell its assets for the benefit of the creditors.

 

You will also be first in line to hear about any forthcoming workshops and conferences, plus you will enjoy a very good discounted rate as a SARIPA member. Below are some scenes from our 2013 Conference …

 
… just some of the many benefits of belonging to our Association … can you afford not to belong?

 

Save the Date for our 2014 Conference

End the year on a high note and diarise now to attend the SARIPA 6th Annual Conference on Restructuring and Insolvencies, at the newly revamped Lagoon Beach Hotel on the 20th & 21st of November 2014.

We promise you another fabulous Conference with a host of new ideas and content, featuring both local and international top speakers. Watch this space for further details…

© 1999 - 2013, SARIPA. Site rebuilt: July 2012. Site last updated: 07 July 2014. Site Map.