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The Effect of Business Rescue on Directors of the company

Jun 29, 2016 | Business Direction, Business Rescue

In previous articles, we discussed that it is the duties of directors of a company which is in financial distress to commence with business rescue proceedings. The focus of this article is what the effect will be of business rescue on directors during business rescue...

How is a Company placed in Business Rescue?

Jun 15, 2016 | Business Act, Business Rescue

The directors of a company, which will not be able to pay its debts in the immediately ensuing six months, has an obligation to make a decision whether or not the company will commence with business rescue proceedings. In the event that the directors decide not to...

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