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Tag Archives | provisional curatorship

Constantia-Insurance

Placing Constantia Insurance under curatorship was premature, says Conduit Capital

JSE-listed Conduit Capital Limited believes the Prudential Authority (PA) acted prematurely when it applied for Constantia Insurance Company Limited (CICL) to be placed under curatorship, saying it was in talks with investors about a possible capital injection. The Gauteng High Court placed CICL under provisional curatorship on 26 July after the PA brought an ex […]

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PA loses bid to remove Ram as 3Sixty Life’s curator

The Prudential Authority (PA) has lost its urgent application to replace Yashoda Ram as the provisional curator of 3Sixty Life, with the Gauteng High Court ruling on Thursday that the regulator had “adopted an incompetent procedure” to seek her removal. The PA obtained a provisional curatorship order against 3Sixty Life in December last year, in […]

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3Sixty Life provisional curatorship takes a bizarre turn

The Prudential Authority (PA) is seeking to remove Yashoda Ram as the provisional curator of 3Sixty Life on the grounds that her qualifications were misrepresented in the PA’s original interim curatorship application. Ram disputes the PA’s claims, which resulted in accounting firm BDO suspending her as head of actuarial services a few days later. 3Sixty […]

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