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Back to Basics Companies Act Series - Session 7: Business Rescue and Liquidation

This webinar on demand is part of a series of webinars. Click here to read more

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Learning objectives

By the end of this event the participant should:

• Understand what business rescue is;
• Understand what liquidation is;
• Understand business rescue proceedings;
• Be aware of the rights of affected persons; and
• Know how a company is voluntarily or involuntarily wound up.

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Content

The webinar will cover the following topics:

• The complexities of financial distress vs going concern.
• Revisiting reckless trading.
• Business Rescue:
  • The proceedings of business rescue.
  • The business rescue practitioner.
  • Rights of affected persons.
  • The business rescue plan.
  • Compromise with creditors.
• Voluntary vs involuntary winding up of a company.
• Deregistration of a company.