Discharge Order

ResBazz

Administrator
The Plan, in terms of Section 119 of the Code, may provide for an early discharge or a discharge upon the completion of the repayment of debts in terms of the Plan. On the basis of the Plan, the RP may apply to the AA for passing an order in relation to the same and upon the successful implementation of the Plan, the AA shall pass a discharge order. Such discharge order shall only be applicable to debts that have been successfully discharged in terms of the Plan and shall not discharge any other person from any liability in respect of his debt.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Top