oa De Rebus - Instituting proceedings against a company under supervision : feature
|Article Title||Instituting proceedings against a company under supervision : feature|
|© Publisher:||Law Society of South Africa|
|Affiliations||1 Unisa and 2 North-West University|
|Publication Date||Nov 2015|
|Pages||32 - 33|
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.
Article metrics loading...