n Without Prejudice - Too little too late? : company law
|Article Title||Too little too late? : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Norton Rose|
|Publication Date||Mar 2012|
|Pages||11 - 12|
The Companies Act 2008 introduces a "business rescue" culture into South African law (see also p12). The general moratorium afforded to the company, whereby all legal proceedings against the company are stayed pending the outcome of the business rescue procedure, is particularly attractive to companies faced with the prospect of an actual, or imminent, winding up application.
Article metrics loading...