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At a meeting of creditors, four creditors proved claims against the insolvent estate of Joseph. Lerato has a claim of R20 000, Albert a claim
At a meeting of creditors, four creditors proved claims against the insolvent estate of Joseph. Lerato has a claim of R20 000, Albert a claim of R5 000, Susanna a claim of R40 000, and Ronald a claim of R5 000. Lerato nominates Jenny as a trustee, and Susanna nominates Joy. Lerato, Albert and Ronald vote for Jenny, and Susanna votes for Joy. Who will be appointed as trustee?
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