What is Business Rescue?
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The aim of business rescue is to allow for the supervision of a distressed company by the business rescue practitioner with the objective of either rescuing the company and allowing it to trade out of its financial predicament or offering creditors a better dividend than would otherwise be achieved through liquidation.
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Companies Act 71 of 2008 (Act) - 1 May 2011
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Introduced a new process of restructuring companies in financial distress called business rescue.
Protecting Prosperity, One Rescue at a Time
Business liquidation can have far-reaching consequences, affecting not only the business owner but also their family, dedicated workers, and all stakeholders. The emotional toll on the owner and their loved ones can be immense. Our specialized business rescue services are designed to mitigate these harsh outcomes, offering strategies and support to navigate challenging times, preserve jobs, and salvage investments. We are committed to helping businesses weather the storm and emerge stronger, minimizing the impact on everyone involved.
It's never over
In the ever-evolving commerce landscape, even the most well-established enterprises can face challenges threatening their financial stability. Our dedicated team of experts is here to guide you through turbulent times and help your business emerge more robust than ever. With a proven track record of successful rescues, we provide strategic, customized, and results-driven solutions tailored to your unique needs. Explore how we can be your beacon of hope and a partner in business recovery.