In this Moneyweb article by Amanda Visser, the delays in winding up estates is examined. The challenges do not only lie with the Master of the High Court but are also caused by delays at SARS, the Government Printing Works, the Department of Home Affairs and the Department of Justice.
FISA CEO Louis van Vuren comments on the situation, providing two interesting tables showing how long the delays can potentially be, as well as FISA members’ rating of the Masters’ service levels.
Read the article here.