COVID-19 Small Business Support Webinar 2: Business Rescue
About this Event
Presentation: Understanding the Business Rescue Process.
Presented by Neil Button, Business Rescue Practitioner and Liquidator at Stowell Estate Administration Trust; and Mike Williams, Director at Daly Morris Fuller Inc.
The business rescue provisions of the Companies Act are designed to facilitate the rehabilitation of a company that is financially distressed by providing for the temporary supervision of the company, and the management of its affairs, business and property, by a business rescue practitioner in substitution for the company’s board and prior management; a temporary moratorium on the rights of claimants against the company or in respect of property in its possession; and the development and implementation, if approved, of a business rescue plan to rescue the company by restructuring its affairs. The presentation aims to outline the business rescue process.
Date: 12 June 2020
Time: 09:00 am – 11:00 am
RSVPs close on 11 June 2020 at 11:00 am.
Once you have RSVP’d for the webinar, a calendar invite will be sent to you the day before the event (11 June 2020) with the unique webinar link.
For further information, please contact Bharriey Pillay (pillayb@durbanchamber.co.za).