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Business Rescue & the New Companies Act Seminar
The Business Rescue replaces the judicial process provided for in the previous 1973 Companies Act. If your company has a good business model but is under-capitalised and underperforming, it’s time to restructure and recapitalise. Let us help you pursue a turnaround strategy that is in the best interest of your company.
Seminar Duration
Registrations: 08h30 to 09h00
Duration: 09h00 to 17h00
Investment per Delegate
R1,200 incl. VAT per delegate.
For more information, please contact us on (011) 304 4390 or e-mail us at seminars@pastel.co.za
Seminar Outline
- Requirements for Business Rescue:
- What is a Business Rescue?
- Does the distressed company qualify?
- When does one apply for Business Rescue?
- Is your company financially distressed or insolvent?
- Role of the Business Rescue Practitioner:
- Who qualifies to be appointed as a Business Rescue Practitioner?
- Role of the courts and role of the Companies and Intellectual Property Commission (CIPC):
- What are their respective roles in the Business Rescue process?
- Rights of creditors and employees:
- Who is protected? Who is not protected?
- What is the Business Rescue process?
- What is the practical and legal process to be followed?
- What are the Business Rescue Plan components?
- Understanding the requirements of section 150 (Proposal of Business Rescue Plan).
Dates & Venues
| Date | Area | Venue: |
| 02 October | Cape Town | Southern Sun Newlands |
| 03 October | Durban | Kingfisher Conference Centre |