by Pravda | Jul 24, 2020 | Insolvency
Sequestration & Liquidation We have all heard the words ‘insolvent’ ‘insolvency’ ‘sequestration’ These words are often associated with panic and fear of financial destruction. The legal test of insolvency to be applied is whether your liabilities as a...
by Pravda | Jul 24, 2020 | Insolvency
Business Rescue Business rescue proceedings commence in South Africa once the company files a resolution with the Commission to place itself under supervision. This may be achieved either in terms of an ordinary resolution of the board, or an ordinary...
