Introduction In my previous articles I have written that liquidation, in the case of a company, is the process of winding up that business. In this article I deal with
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Introduction Liquidation is the process of winding up a company. This is done through the disposal of a company’s assets and use the proceeds to pay off its creditors. If
Introduction I have written numerous articles on insolvency practice covering both corporate rescue and liquidation. In this article I deal with the legal consequences or offence of insolvent trading of
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Introduction This article is in addition to the many that I have written before on insolvency. In this article I look at the factors that may lead to financial distress
Introduction I have explained in my previous articles that liquidation involves the winding up of a company. In other words after the liquidation the business ceases to exist. In this
Introduction The Insolvency Act (Chapter 6:07), or the Act provides for a compromise between a company and its creditors. Such a compromise provides financial relief to the company. Compromise provided
Introduction In an insolvent estate that is being liquidated a creditor has to prove his or her claim in order to be considered for payment. Many people may be familiar
Corporate rescue also known by other terms such as business rescue or judicial management is done in terms of the Insolvency Act (Chapter 6:07), (hereinafter “the Act”) of 2018. It
