Is a simple majority sufficient to amend a business rescue plan or to adjourn a meeting?
In terms of section 151 of the Companies Act 71 of 2008 (Companies Act), a business rescue practitioner (BRP) must convene and preside over a...
Stephan Venter is an Associate at Cliffe Dekker Hofmeyr's Dispute Resolution practice, focusing mainly on contractual disputes, insolvency, corporate recovery, business rescue and commercial litigation.