n Without Prejudice - Can a company in liquidation avoid the voidable? : company law
|Article Title||Can a company in liquidation avoid the voidable? : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Author||Keshia De Klerk|
|Publication Date||Jul 2015|
|Pages||15 - 16|
The promulgation of the Companies Act (71 of 2008) saw the introduction of a myriad new rules relating to the application of Law and Regulations to companies. Amongst these were the provisions dealing with rehabilitation of financially distressed companies in an effort to avoid liquidation, namely business rescue, a principle juxtaposed with the failed regime of judicial management.
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