Example: tourism industry
Search results with tag "Business rescue"
Liquidation Business Rescue and Compromise in South Africa
www.bowmanslaw.comand produce a business rescue plan (plan) to rescue the company and ensure its continued existence, alternatively to ensure a better return for creditors than if the company were to be immediately placed in liquidation. Business rescue proceedings are designed to last for three months from commencement to termination. However, in practice, various
Evraz Highveld Steel and Vanadium Limited (in …
www.evrazhighveld.co.za3 5. Suggested Way Forward In terms of the Plan, the business rescue is proceeding in accordance with Proposal 3, i.e. the wind-down of the Company.