n Without Prejudice - Liability of a surety : company law
|Article Title||Liability of a surety : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Feb 2012|
|Pages||34 - 35|
The implementation of Chapter 6 of the Companies Act (71 of 2008) has been challenging. One of the vexed and difficult questions is the extent of liability of a surety for the debts of the company in business rescue and how this ought to be dealt with in business rescue plans.
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