Surety Bonds

Curators Appointed in Asset Forfeiture Matters Explained

The National Director of Public Prosecutions may in terms of the Organised Crime Act 121 of 1998 Act apply to court for an order: a) restraining any person from dealing with assets which are suspected to have been acquired in connection with a crime; and b) preserving the assets until the investigation has been finalised.…

Masters of our Universe

Our current book has over 18 500 actives bonds of surety. Each of these bonds generate significant paperwork together with our service offering of preparing, lodging and following up with all the bond related queries. We have an experienced administration team who monitor and drive the process but our secret lies in our specialised Masters…

Everything You Need to Know about Surety Bonds

Executors, curators, liquidators and trustees (commonly referred to as “Estate Administrators”) may be required to furnish security to the satisfaction of the Master for their administration prior to commencement of their duties in any estate. Where they are so required to do, they may approach SRM for a security bond, which is also known as…

Advantages of Using a Brokerage with a National Footprint

In the highly competitive insurance brokerage industry, service delivery is of utmost importance. At Shackleton Risk Management (“SRM”) we are able to provide our services nationally across South Africa. With offices in Johannesburg, Pretoria, Durban, Cape Town, Port Elizabeth, Bloemfontein and Nelspruit and representation in Grahamstown, Kimberley and Mmabatho, we are able to be the…

Curator Bonds of Security | Document Guide

A guide on what documents I need to lodge bonds of security with the Master of the High Court in Curator matters CURATOR BONIS IN RESPECT OF PERSONS INCAPABLE OF MANAGING THEIR OWN AFFAIRS: 1) Notice of Motion, affidavit and annexures 2) Consent to act as curator-ad-litem (if applicable) 3) Certified copy of Court Order…

Trustee Bonds of Security | FAQS

Do all trustees require trustee bonds of security? No, if trustees are exempt from furnishing security in the trust deed, they will not be required to source a bond through a bond provider. What happens if a trustee named in the Letters of Authority resigns or dies – does this affect the security bond? On…