Are tests for provisional and final liquidation orders really different?
Legal practitioners are aware that a liquidation application should not be resorted to when the debt is disputed as this will amount to an abuse...
Chapter 6 of the Companies Act 71 of 2008 has thrown financially distressed companies a lifeline in the form of Business Rescue, which could ultimately save a company from liquidation. This topic covers articles and insights which examine business rescue and insolvency, relevant legislation, legal proceedings, the rights of creditors and the rights of employees.