Introduction I have previously written that voluntary liquidation of a company can be done in terms of section 5(1) and section 9 of the Insolvency Act (Chapter 6:07) (hereinafter “the
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Introduction Liquidation is the process of winding up a company. This is done by selling off the company’s assets, paying liquidation expenses and creditors. If there is any residue, it
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Introduction Corporate rescue in Zimbabwe is known by other terms such as business rescue or in the past as judicial management. The proceedings are regulated by the Insolvency Act (Chapter
