It all started when the Pretoria Master of the Supreme Court (as it was then known), sent out a Master's directive to all members on his panel of liquidators advising them that as from a particular date all requisitions submitted to the Master would have to be in the form of an Affidavit. As this would have placed an unnecessary burden on practitioners, Les Cohen and James Galloway arranged a meeting of various liquidators to discuss what plan of action should be followed. At this meeting it was decided that a delegation would visit the Master to convey the concerns of practitioners. The Master, however, refused to discuss the matter with the delegation as one of the practitioners who had been invited to the meeting did not attend. The Master was of the view that those present did not properly represent the profession and the Master was accordingly not prepared to entertain the delegation.
Ultimately the requirement that requisitions had to be in affidavit form was scrapped and this could be considered as one of the first successes which the Association managed to achieve on behalf of its members.
On the way back from the office of the Master, it was decided by the practitioners at the report-back meeting that a formal instruction would be given to form an association to represent the profession. Les Cohen and James Galloway were mandated to approach attorney Billy van der Merwe to prepare documentation to formalize an association. He subsequently advised the formation of a Section 21 company. Les Cohen and James Galloway settled the memorandum and articles with Billy van der Merwe who kindly waived his charges for his services!
The firm BDO Spencer Steward assisted in regard to the SA Revenue Service as SARS were opposed to a Section 21 company being registered before numerous changes had been effected to the memorandum and articles. This caused a delay in the registration of the Association of Insolvency Practitioners of Southern Africa (AIPSA) for a period of some two years.