When it comes to starting the business rescue process, there are several ways to do it. The business rescue procedure first involves a company resolution to […]
The business rescue process originates from the Companies Act, Act 71 of 2008. It facilitates the rescue of a company considered to be in “financial distress”. […]
Business Rescue serves different purposes for a company. Below is an explanation of the business rescue proceedings. This will begin with the company’s recognition of its […]
With the advent of the Covid-19 pandemic, many businesses are experiencing financial distress. In South Africa, this is no exception. Business rescue saw its introduction to […]