Velvetcream 7 Proprietary Limited
Creditors of Velvetcream 7 Proprietary Limited take note — the company is in compulsory liquidation, file reference pending.
Velvetcream 7 Proprietary Limited — Business rescue converted to liquidation (9 October 2026).
A winding-up order creates a concursus creditorum: from that moment creditors' rights are frozen and ranked as at the date of the application, legal proceedings against the company are suspended, and the directors lose control of its assets to the liquidator. Claims are proved at meetings of creditors before the Master or a magistrate. The notices also mention business rescue, which suggests the rescue failed or was converted into a winding-up.
Gazette notices and next steps
Notices actually published for this company, followed by the steps that normally come next in a South African winding-up.
Master's office and sources
Province of the Master's office
Northern Cape. The marker shows the province of the Master's office, not the company's street address. Map © OpenStreetMap.
About this file
Compiled automatically from Government Gazette notices. Not an official record and not legal advice — check the Gazette or the Master's office before acting.