The partnership of Mothobi and Jay is experiencing financial difficulty and is unable to pay its

debts. The partners realise that sequestration of the partnership is inevitable and John Mothobi

one of the senior partners approaches you for advice.

Q.4.1 John is worried about the effect that the sequestration of the partnership could

have on his private estate.

Explain the position to him, including the procedure

that needs to be followed in the voluntary surrender of the partnership estate.(10)

Q.4.2 John would like to know whether his estate and the partnership estate may be

rehabilitated.

Explain why or why not, the respective estates may or may not

be rehabilitated. (10)