Introduction I have been requested by some readers to explain the connection between corporate rescue proceedings and debt recovery. Put differently, the readers would like to understand how corporate rescue
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According to the Act corporate rescue proceedings are meant to facilitate the rehabilitation of a company that is financially distressed. This will benefit affected persons who include the company’s creditors.
Introduction As explained in my previous articles corporate rescue in Zimbabwe is known by other terms such as business rescue or in the past as judicial management. The proceedings are
Introduction In previous articles I have explained that corporate rescue is regulated by the Insolvency Act (Chapter 6:07) of 2018, hereinafter (“the Act”). According to the Act corporate rescue means
Introduction I have written many articles on corporate rescue proceedings before. I have explained that corporate rescue is also known by other terms such as business rescue, judicial management, corporate
Introduction I have previously written on corporate rescue which is based on the Insolvency Act (Chapter 6:07), “the Insolvency Act” or “the Act”. According to section 121(1)(b) corporate rescue means
Introduction In this article I look at the contents of an application to place a company under corporate rescue proceedings made in terms of the Insolvency Act (Chapter 6:07) of
Introduction In this article I look at the contents of an application to place a company under corporate rescue proceedings made in terms of the Insolvency Act (Chapter 6:07) of
Introduction Under insolvency practice it is common to find a company under either corporate rescue proceedings or in liquidation, in terms of the Insolvency Act (Chapter 6:07) or “the Act”).
Introduction I have previously written on corporate rescue proceedings (“corporate rescue”). Corporate rescue is also known by other terms such as business rescue or judicial management. According to Section 121
