Introduction I have previously written several articles on insolvency practice covering both corporate rescue and liquidation. In this article I look at the advantages of voluntary corporate rescue proceedings versus
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Introduction I have previously written many articles on valuation of shares or businesses. Valuation of shares or businesses is not scientific. It is subjective and involves making assumptions and judgements.
Introduction Businesses are carried out through different forms of arrangements such as sole trader, partnerships, private business corporations (“PBC”), private companies or public companies. In the case of companies the
Introduction The registration of associations to promote common interests of certain groups of people or organisations is common. In this article I look at a constitution of an association as
Liquidation, which is the winding up of a business, can be voluntary or involuntary.
Government policies have a bearing on businesses.
Parties may genuinely not appreciate what is involved in the valuation of shares.
A legal health check is essentially an audit or review of the legal affairs of a business. It is quite important but often overlooked by businesses until there is a problem.
It is common sense that if nothing is implemented nothing changes. It does not matter how brilliant your ideas might be. If they are not tried through implementation nothing changes.
Corporate rescue in Zimbabwe is known by other terms such as “business rescue” or in the past as “judicial management”.
