No. 7/2018 INSOLVENCY Cap.6:07 (23) Reasons for which a composition may be revoked include(a) failure by the debtor to comply with his or her obligations in terms of the composition; or (b) if the debtor renders false information in his or her statement or in the course of the questioning; or (c) if the debtor gives a benefit in respect of a claim that falls under the composition to a creditor on whom the composition is binding and \vho is not entitled to the benefit in terms of the composition. (24) Any creditor who is entitled to a benefit in terms of the composition may, notwithstanding subsection (19), after 14 days standard notice to the debtor apply to the administrator to revoke the composition if the debtor does not comply with his or her obligations in terms of the composition. (25) The creditor must lodge an affidavit in support of his or her application. (26) The administrator must order that the composition be revoked if the debtor did not substantially comply with his or her obligations. (27) If the composition is revoked, or if the estate of a debtor has been liquidated in terms of this Act before he or she complied with his or her obligations in terms of the composition, the claim of a creditor is restored to the extent that the claim has not been satisfied in terms of the composition. (28) If a composition is not accepted by the required majority, and the debtor is unable to make available to creditors substantially more than that which he or she offered in the proposed composition(a) the administrator must declare that the proceedings in terms of this clause have ceased and that the debtor is once again in the position he or she was prior to the commencement thereof and lodge a copy of the declaration with the Master and known creditors by standard notice; and (b) the Master may, upon application by the debtor, grant a discharge of debts of the debtor other than secured or preferred debts if(i) the debtor satisfies the Master that the administrator and all known creditors were given standard notice of the application for the discharge with a copy of the debtor's application at least 28 days before the application to the Master; and (ii) the Master is satisfied after consideration of comments, if any, by creditors and the administrator and the application by the debtorA. 8. that the proposed composition was the best offer which the debtor could make to creditors; that the inability of the debtor to pay debts in full was not caused by criminal or inappropriate behavior by the debtor. (29) Between the determination of a date for a hearing and the conclusion of the hearing, no creditor with a claim the cause of which arose before the determination of the date may without the permission of the Court institute any action against the debtor or apply for the liquidation of the estate of the debtor. 120 Post-liquidation composition ( 1) A debtor other than a company may at any time after the issuing of the first liquidation order but after he or she has sent his or her statement of affairs by standard notice as required by section 43, lodge with the liquidator of his or her estate a written offer of composition. (2) If the liquidator is of the opinion that there is a likelihood that the creditors of the estate will accept the offer of composition, he or she must as soon as possible after 284

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