oa De Rebus - Instituting proceedings against a company under supervision : feature

Volume 2015, Issue 558
  • ISSN : 0250-0329



Section 133(1)(b) of the Companies Act 71 of 2008 (the Act) provides that : '(1) During business rescue proceedings, no legal proceeding, including enforcement action, against the company, or in relation to any property belonging to the company, or lawfully in its possession, may be commenced or proceeded with in any forum.

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