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Judicial management in South Africa : its origin, development and present day practice and a comparison with the Australian system of official managementOlver, A H January 1980 (has links)
Includes bibliography. / Judicial management is a system which aims at rehabilitating a company which has got into difficulties and in normal circumstances would be wound-up if the system did not exist. When judicial management was introduced into South African companies' legislation in 1926, it was unique to South Africa. It was subsequently adopted by Rhodesia who based their companies' legislation on the South African companies' legislation and in the early 1960's a similar system, known as Official Management, was introduced into Australian Companies' legislation. This dissertation looks at the origins of judicial management and traces its development over the years to the present day, and its incorporation into other spheres of legislation, namely, Banking legislation Building Society legislation and Insurance legislation. It examines in detail the present system of Judicial Management and Official management and highlights the deficiencies in and recommends improvements to the Judicial Management provisions of the South African Companies Act.
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Judicial management as a technique for corporate rescue. A comparison with English and Australian law.Kloppers, Pieter W 03 1900 (has links)
Thesis (LLM)--Stellenbosch University, 2000. / ENGLISH ABSTRACT: Judicial management has been part of South African company law since 1926. It was
introduced as a procedure to provide for a corporate rescue. Judicial management has
changed little since its introduction. This is in stark contrast with the position in other
jurisdictions where the need for improved corporate or business rescue procedures has
received considerable attention in the last few decades.
This thesis examines the suitability of judicial management as a business rescue
procedure for the current South African circumstances and compares it to similar
mechanisms in England and Australia.
The modem economy relies on credit. Furthermore the globalisation of markets and
the increase in competition between enterprises add to the unpredictability of an
enterprise's economic circumstances. Thus, one of the important objectives of a
corporate insolvency regime is the preservation of viable economic enterprises. A
business rescue procedure such as judicial management is therefore an essential
component of a corporate insolvency regime.
However, judicial management needs reform. The existing shortcomings of judicial
management include its high cost, the appointment of professional liquidators as
business rescuers, the lack of a business rescue culture, the absence of an approved
rescue plan, the treatment of judicial management as an extraordinary measure in
corporate insolvency and the use of section 311 of the Companies Act as a corporate
rescue mechanism. This thesis proposes that judicial management should commence with a mere
resolution by the directors. This is less cumbersome than the existing procedure to
commence judicial management comprising a court order. Judicial management
triggers a stay of limited duration on legal proceedings that provides an essential
breathing space to devise and implement a rescue plan.
Once judicial management commences the creditors should hold the power to decide
on the future of the company. They can therefore accept or reject a rescue plan
(prepared by the judicial manager) for the restructuring of current rights and
obligations and for the future management of the company. During judicial management and the execution of the rescue plan, control of the
company's assets vests in the judicial manager and directors lose their powers of
management. Judicial managers should be encouraged to make a success of judicial
management by providing that the judicial manager cannot be appointed as the
liquidator in a subsequent liquidation. Furthermore, the burden of the costs of judicial
management could be eased by providing a more flexible system for the remuneration
of the judicial manager.
A statutory business rescue procedure interacts with other components of an
insolvency regime and other areas of law. In order to optimise the positive effects of a
business rescue procedure certain changes are proposed regarding statutory provisions
on insolvent trading, the phenomenon of phoenix companies, section 311 of the
Companies Act and tax legislation. The thesis also proposes a smooth transition from
judicial management to voluntary liquidation.
The thesis has an annexure with draft legislation to give effect to the principal changes
proposed by it for the Companies Act. / AFRIKAANSE OPSOMMING: Geregtelike bestuur is reeds sedert 1926 deel van die Suid-Afrikaanse
maatskappyereg. Dit is ingestel as 'n prosedure om maatskappye van ondergang te red.
Geregtelike bestuur het sedertdien min verander. Dit is in skerp teenstelling met ander
jurisdiksies wat die afgelope paar dekades toegewy gewerk het aan prosedures om
korporasies en besighede te red.
Hierdie tesis ondersoek die toepaslikheid van geregtelike bestuur as 'n prosedure om
in die huidige Suid-Afrikaanse omstandighede besighede van ondergang te red en
vergelyk dit met soortgelyke prosedures in Engeland en Australië.
Moderne ekonomieë se afhanklikheid van krediet, die globalisering van markte en die
toename in mededinging tussen ondernemings dra by tot die wisselvallige ekonomiese
omstandighede van 'n onderneming. Die redding van lewensvatbare ondernemings is
gevolglik 'n belangrike doelstelling van korporatiewe insolvensiereg. Daarom is 'n
prosedure soos geregtelike bestuur om ondernemings te red 'n onontbeerlike element
van korporatiewe insolvensiereg.
Geregtelike bestuur moet egter hervorm word. Geregtelike bestuur het verskeie
tekortkominge waaronder hoë regskoste, die aanstelling van professionele
likwidateurs as persone om ondernemings te red, die gebrek aan 'n kultuur om
ondernemings te red, die afwesigheid van 'n goedgekeurde reddingsplan, die hantering
van geregtelike bestuur as 'n buitengewone remedie in korporatiewe insolvensiereg en
die gebruik van artikel 311 van die Maatskappywet as 'n meganisme om maatskappye
van likwidasie te red. Die tesis stel voor dat geregtelike bestuur met 'n blote direksiebesluit in werking
gestel word. Dit is minder belemmerend as die hofbevel waarmee geregtelike bestuur
tans begin word. Geregtelike bestuur stel'n moratorium van beperkte duur in werking
waartydens geen geregtelike prosesse teen die maatskappyaanhangig gemaak of
voortgesit kan word nie. Dit gee die maatskappy die nodige grasie om 'n reddingsplan
uit te werk en te implementeer.
Opsomming
Geregtelike bestuur is reeds sedert 1926 deel van die Suid-Afrikaanse
maatskappyereg. Dit is ingestel as 'n prosedure om maatskappye van ondergang te red.
Geregtelike bestuur het sedertdien min verander. Dit is in skerp teenstelling met ander
jurisdiksies wat die afgelope paar dekades toegewy gewerk het aan prosedures om
korporasies en besighede te red.
Hierdie tesis ondersoek die toepaslikheid van geregtelike bestuur as 'n prosedure om
in die huidige Suid-Afrikaanse omstandighede besighede van ondergang te red en
vergelyk dit met soortgelyke prosedures in Engeland en Australië.
Moderne ekonomieë se afhanklikheid van krediet, die globalisering van markte en die
toename in mededinging tussen ondernemings dra by tot die wisselvallige ekonomiese
omstandighede van 'n onderneming. Die redding van lewensvatbare ondernemings is
gevolglik 'n belangrike doelstelling van korporatiewe insolvensiereg. Daarom is 'n
prosedure soos geregtelike bestuur om ondernemings te red 'n onontbeerlike element
van korporatiewe insolvensiereg.
Geregtelike bestuur moet egter hervorm word. Geregtelike bestuur het verskeie
tekortkominge waaronder hoë regskoste, die aanstelling van professionele
likwidateurs as persone om ondernemings te red, die gebrek aan 'n kultuur om
ondernemings te red, die afwesigheid van 'n goedgekeurde reddingsplan, die hantering
van geregtelike bestuur as 'n buitengewone remedie in korporatiewe insolvensiereg en
die gebruik van artikel 311 van die Maatskappywet as 'n meganisme om maatskappye
van likwidasie te red.
Nadat geregtelike bestuur in aanvang geneem het behoort die krediteure die mag te hê
om oor die toekoms van die maatskappy te besluit. Krediteure sou 'n reddingsplan (voorberei deur die geregtelike bestuurder) wat vir die herstrukturering van die regte
en verpligtinge van die maatskappy en vir sy toekomstige bestuur voorsiening maak
kon aanvaar of verwerp.
Gedurende geregtelike bestuur en die uitvoering van die reddingsplan vestig die
beheer oor die bates van die maatskappy in die geregtelike bestuurder. Die direksie
verloor terselfdertyd alle bestuursbevoegdhede. Geregtelike bestuurders behoort
aangemoedig te word om 'n sukses van die geregtelike bestuur te maak deur te bepaal
dat 'n geregtelike bestuurder nie as likwidateur aangestel kan word indien die
maatskappy uiteindelik gelikwideer word nie. Die las van hoë koste kan verlig word
deur 'n buigsame stelsel van vergoeding vir die geregtelike bestuurder in te stel.
'n Statutêre reddingsprosedure vir ondernemings staan in wisselwerking met ander
elemente van korporatiewe insolvensiereg en ander regsgebiede. Ten einde die
positiewe uitwerking van 'n reddingsprosedure vir ondernemings te optimaliseer word
sekere veranderinge ten opsigte van die wetgewing met betrekking tot handeldryf in
insolvente omstandighede, die verskynsel van "phoenix" maatskappye, artikel 311 van
die Maatskappywet en belastingwetgewing voorgestel. Die tesis stelook 'n gladde
oorskakeling van geregtelike bestuur na vrywillige likwidasie voor.
Die tesis sluit ook 'n aanhangsel met voorgestelde wetgewing in om uitvoering te gee
aan die belangrikste veranderinge aan die Maatskappywet wat in die tesis voorgestel
word.
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A gestão em vara judicial sob a visão do juiz pro ativoMelo, Flávio Henrique de 03 1900 (has links)
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Previous issue date: 2012-03 / O modelo de gestão inovador mostrou que é possível fazer um ambiente de excelência onde o Poder Judiciário seja reconhecido, respeitado e confiável aos jurisdicionados, na medida em que se assegura uma prestação jurisdicional efetiva num espaço de tempo razoável, garantindo legitimidade e credibilidade às suas decisões, sob a visão de um juiz proativo, com objetivos estratégicos pré-definidos, sob um olhar idealizador, uma equipe integrada, motivada e comprometida. O modelo de gestão inovador foi experimentado na Vara do Juizado Especial Cível da Comarca de Jaru, no Estado de Rondônia, onde se procurou conferir uma rotina lógico-jurídica ao fluxo processual, sem prejuízo da qualidade, e em com total harmonia aos postulados normativos do Juizado Especial Cível e as regras constitucionais prescritas. / The innovative model of management showed that it is possible to make an environment of excellence where the judiciary can be recognized, respected and trusted to those under the jurisdiction, as it ensures an effective adjudication service within a reasonable time, ensuring legitimacy and credibility to its decisions under the vision of a judge pro-active, with pre-defined strategic goals, under a ideal view, an integrated team, motivated and committed. The innovative model of management has been tried in the Court's Special Civil Court of the District of Jaru in Rondonia, where they sought a logicallegal routine to the procedure flow, without any loss of quality, and in total harmony with the postulates of the normative of the Special Civil Court and the constitutional rules prescribed.
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Razoável duração do processo e morosidade judicial: a jurimetria como subsídio para o gerenciamento de processos judiciais / Reasonable duration of the process and judicial morsety: jurimetry as a subsidy for the management of judicial proceedingsOliveira, Simone Pereira de 20 February 2017 (has links)
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Previous issue date: 2017-02-20 / The subject to be treated in this dissertation concerns the reasonable length of the process, judicial delays and jurimetrics as a subsidy for the management of judicial processes, and is part of the Justice research line and the efficiency paradigm. We have as general objective the attempt to verify if jurimetrics, as applied statistics to the Law can contribute to the composition of a system of management of judicial processes that allows to reduce the slowness judicial and to cooperate to reach the reasonable length of the process. We will discuss the main aspects of the crisis of the Judiciary and the rampant accumulation of processes that process for years on end without making it possible for the judiciary to deliver the good of life and analyze the use of statistics as subsidiary elements to the management of judicial processes, without dispensing with the Judge as a component capable of humanizing the solution of disputes. A methodological cut will be carried out sequentially using the hypothetical-deductive method to approach the reasonable duration of the process as a fundamental right, judicial delinquency and its problematic, the management of legal proceedings and their characteristics, and, finally, the application of the Statistical tools to the Law as a subsidy for the conduct of the guidelines of the management of judicial processes. In summary, the hypothetical-deductive method seeks to examine the problematic that involves the reasonable duration of the process in the face of judicial delays, investigating the contribution that jurimetrics can offer to improve the management of legal proceedings. / O tema a ser tratado nesta dissertação diz respeito à razoável duração do processo, à morosidade judicial e à jurimetria como subsídio para o gerenciamento de processos judiciais, e insere-se na linha de pesquisa Justiça e o Paradigma da eficiência. Temos como objetivo geral o intento de verificar se a jurimetria, enquanto estatística aplicada ao Direito pode contribuir para a composição de um sistema de gerenciamento de processos judiciais que possibilite reduzir a morosidade judicial e cooperar para o atingimento da razoável duração do processo. Discorreremos sobre os principais aspectos da crise do Poder Judiciário e o acúmulo desenfreado de processos que tramitam por anos a fio sem possibilitar ao jurisdicionado a entrega do bem da vida e analisaremos o emprego das estatísticas como elementos subsidiários ao gerenciamento dos processos judiciais, sem prescindir do olhar do julgador como componente capaz de humanizar a solução dos litígios. Sequencialmente será realizado um recorte metodológico a partir da utilização do método hipotético-dedutivo para a abordagem da razoável duração do processo enquanto direito fundamental, da morosidade judicial e sua problemática, do gerenciamento de processos judiciais e suas características e, por fim, da aplicação das ferramentas estatísticas ao Direito como subsídio para a condução das diretrizes do gerenciamento dos processos judiciais. Em suma, intenta-se perscrutar, a partir do método hipotético-dedutivo a problemática que envolve a razoável duração do processo em face da morosidade judicial, investigando-se a contribuição que a jurimetria pode oferecer para aprimoramento do gerenciamento de processos judiciais.
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Qualidade na justiça federal: um estudo sobre as disfunções da administração da prestação jurisdicionalFerreira, Andréa Lauro January 2010 (has links)
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Previous issue date: 2010 / Esta dissertação objetiva explorar as possibilidades de incremento dos processos e rotinas organizacionais envolvidas na prestação jurisdicional. Para analisar pontos de problema e a viabilidade de ações de melhoria, este estudo buscou identificar a literatura sobre temas que perpassam a ideia central desenvolvida. Assim, foram abordados livros, artigos e publicações de jornais e revistas a respeito de gestão de qualidade, gestão de qualidade no setor de serviços, a namreza do processo judiciário, a estrutura e natureza do Poder Judiciário e ações de melhoria especificamente voltadas para o perfil da gestão pública. Foram entrevistados atores que participam diretamente do processo judiciário, na esfera federal, como forma de se ilustrar o apurado na teoria literária. / This thesis aims to explore the possibilities of increasing the organizational processes and routines involved in adjudication. To analyze trouble spots and feasibility of improvement actions, this study sought to identify the literature on themes that crosses the central idea developed. So were approached books, artic1es and publications of newspapers and magazines regarding quality management, quality management in the service sector, the nature of the judicial process, the structure and nature of the judiciary and improvement actions specifically aimed to profile public management. We interviewed actors who directly participate in the judicial process at the federal levei, as a way to illustrate the established literary theory.
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Exploring the novel concept of business rescue under the South African Companies Act 71 of 2008Mpofu, Kudzai 18 May 2018 (has links)
LLM / Department of Mercantile Law / Business rescue provisions are meant to assist a financially distressed company. It seems that the success of business rescue rests on three factors, namely a competent business rescue practitioner and a practicable business rescue plan; the consent and cooperation of shareholders and creditors. However, academics and case law point out concerns as to the regulation of the aforementioned essential ingredients. The purpose of this study is to ascertain the level of the efficacy of the Companies Act provisions on business rescue as contained in Chapter 6. The researcher compares the current business rescue regime and the previous judicial management procedure to find out how the current regime can be improved. Since the business rescue regime was adopted from other jurisdictions the researcher also compares the practices in some of those jurisdictions with that of South Africa to establish the goals and expectations of business rescue in modern corporate operations. / NRF
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Some comparative aspects of corporate rescue in South African company lawLoubser, Anneli 02 1900 (has links)
South African company law has provided for the rescue of financially distressed
companies since 1926 when the statutory procedure of judicial management was
introduced by the Companies Act 46 of 1926. Unfortunately, judicial management
has never been regarded as a successful corporate rescue procedure and for most
of its existence it has been severely criticised on many grounds. The Companies Act
61 of 1973 that replaced the Companies Act 46 of 1926 did very little to improve this
situation and judicial management remained underutilised. As a result, the
Companies Act 71 of 2008 now introduces two newly-created corporate rescue
procedures in the form of business rescue proceedings and the compromise with
creditors.
This study analyses judicial management and the new corporate rescue
procedures to establish whether the identified weaknesses of judicial management
have been adequately and effectively addressed in the new procedures. A
comparative study with similar procedures in England and Germany is undertaken
to determine whether the South African legislature has delivered on its promise to
create a system of corporate rescue that will meet the needs of a modern South
African economy.
Several weaknesses in the new procedures are identified and a number of
recommendations are made to improve the relevant provisions and to assist in
providing South African company law with an efficient and acceptable corporate
rescue regime. / Mercentile Law / LLD (Mercentile Law)
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Gestão da tramitação processual nas varas trabalhistasFioreze, Ricardo January 2009 (has links)
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DMPPJ - RICARDO FIOREZE.pdf: 808730 bytes, checksum: 3d079f5f9c9d57d2b2c75cf2d478e9c4 (MD5) / This work analyzes the management of the development of the judicial processes before Labor Courts as an instrument capable of assisting in achieving the effectiveness of the jurisdictional activity and the reasonable duration of the process. The objective is to show how the management fits in the attributions inherent to the function of a judge and the necessity of its adoption in the conduct of the process development. It also identifies moments and acts of the process development when the adoption of management techniques can produce better results and suggest practices that lead to optimizing the available resources and procedural legislation, and to maximizing and, whenever possible, suppressing acts, and to eliminating 'dead stages'. In order to reach such purposes, fundamental theoretical aspects related to the management of organizations and, specifically, to the juridical management at Labor Courts are firstly approached. Secondly, the possibility of managing the (judicial) process itself is stated, aiming at increasing the usefulness of its result, emphasizing the repercussions that this idea causes on the duties inherent to a judge. At last, the proposals of practical application of process management at Labor Courts are expounded, comprising several moments and acts of the process development and its corresponding control. / Por meio deste trabalho, analisa-se a gestão da tramitação dos processos judiciais perante Varas do Trabalho como instrumento capaz de auxiliar no alcance da efetividade da atividade jurisdicional e da razoável duração do processo. Busca-se demonstrar o enquadramento da gestão entre as atribuições inerentes à função do juiz e a necessidade de sua adoção na condução da tramitação processual. Procura-se identificar momentos e atos da tramitação processual em que a adoção de técnicas de gestão pode produzir melhores resultados e sugerir práticas que conduzam à otimização dos recursos e legislação processual disponíveis, à maximização e, quando possível, supressão de atos, e à eliminação de 'etapas mortas'. Para atingir tais propósitos, abordam-se, inicialmente, aspectos teóricos fundamentais relacionados à gestão das organizações e, de modo particular, à gestão judiciária em Varas do Trabalho. Num segundo momento, afirma-se a possibilidade de gestão do próprio processo (judicial), visando à redução do tempo de sua tramitação e à ampliação da utilidade do seu resultado, salientando-se as repercussões que essa ideia provoca sobre os deveres afetos ao juiz. Por fim, expõem-se propostas de aplicação prática de gestão processual em Varas do Trabalho, abrangentes de vários momentos e atos da tramitação processual e do seu correspondente controle.
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Some comparative aspects of corporate rescue in South African company lawLoubser, Anneli 02 1900 (has links)
South African company law has provided for the rescue of financially distressed
companies since 1926 when the statutory procedure of judicial management was
introduced by the Companies Act 46 of 1926. Unfortunately, judicial management
has never been regarded as a successful corporate rescue procedure and for most
of its existence it has been severely criticised on many grounds. The Companies Act
61 of 1973 that replaced the Companies Act 46 of 1926 did very little to improve this
situation and judicial management remained underutilised. As a result, the
Companies Act 71 of 2008 now introduces two newly-created corporate rescue
procedures in the form of business rescue proceedings and the compromise with
creditors.
This study analyses judicial management and the new corporate rescue
procedures to establish whether the identified weaknesses of judicial management
have been adequately and effectively addressed in the new procedures. A
comparative study with similar procedures in England and Germany is undertaken
to determine whether the South African legislature has delivered on its promise to
create a system of corporate rescue that will meet the needs of a modern South
African economy.
Several weaknesses in the new procedures are identified and a number of
recommendations are made to improve the relevant provisions and to assist in
providing South African company law with an efficient and acceptable corporate
rescue regime. / Mercentile Law / LLD (Mercentile Law)
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Le juge face aux principes directeurs du procès civil / The judge facing the guiding principles of civil trialKa, Ibrahima 11 December 2015 (has links)
Le procès civil est le cadre traditionnel de réalisation de la justice des particuliers, et les règles qui le gouvernent se trouvent synthétisées dans les 24 premiers articles du CPC qui en énoncent les principes directeurs. Ces derniers organisent la répartition des charges processuelles entre les différents acteurs du procès, et déterminent ainsi l’essentiel de l’office du juge qui est construit autour du modèle contentieux du procès civil, taillé pour le juge du fond. Cependant, ce modèle subit des atténuations pour des raisons principalement d’équité ou de diligence, alors même que l’affaire qui est soumise au juge relève de la matière contentieuse. Dans la procédure gracieuse et dans celle de cassation, c’est la nature de la mission confiée au juge qui justifie parfois les atténuations apportées à ces principes, et parfois même leur effacement. Par ailleurs, l’action du juge à l’égard de ces principes directeurs va aussi dans le sens de leur adaptation aux évolutions juridiques et socio-économiques. Elle se traduit essentiellement d’une part, par une recherche d’effectivité de ces principes que le juge civil français n’hésite plus à rattacher à des normes supérieures, et d’autre part, par une recherche de leur efficience par le biais des techniques d’interprétation. Si dans le premier cas les phénomènes d’internationalisation et de constitutionnalisation du droit permettent d’expliquer une telle action, dans le second, se pose la question de la légitimité de la démarche. Notre pensée est que le juge d’aujourd’hui est aussi un juge gestionnaire dans un contexte d’accroissement de la demande de justice et de raréfaction des ressources allouées à la justice / Civil trial is the traditional framework where justice of individuals is usually delivered, and the rules which govern it are synthesized in the first 24 articles of the code of civil procedure which set out the guiding principles. The latter organize the sharing of procedural responsibilities between the different actors of the lawsuit, and determine the main part of the office of the judge built around the contentious model of the civil proceedings, cut for the ruling on the judges of the affairs. This model undergoes legal mitigations, mainly for reasons of equity or diligence, even though the case which is submitted to the judge is a matter of the contentious material. In the submission for an out-of-court settlement and that of the appeal to the supreme court, it is the nature of the mission entrusted to the judge who sometimes justifies the mitigations brought to these guiding principles, and sometimes even their disappearance. The action of the judge towards these principles also goes to the direction of their adaptation to evolutions so legal as Socio-Economic. It is essentially translated on the one hand, by a research for effectiveness of these principles which the judge does not hesitate to connect with superior standards, and on the other hand, by a research for their efficiency by means of the technique of interpretation. If in the first case the internationalization and constitutionnalisation explain such an action, the second case raises itself the question of the legitimacy of such an approach. Today’s judge is also a manager, especially in an increasing context of justice request and rarefaction of the resources assigned to the judicial administration
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