When a business runs into difficultly a process known as business rescue entails using strategic techniques to get the company back on track. Business rescue as defined by the Companies.
Business Rescue Saving Distressed Companies Director Eric Levenstei
The Companies and Intellectual Property Commission CIPC has on 28 June 2017 accredited the South African Institute of Chartered Accountants SAICA as a professional body for business rescue practitioners in terms of Section 1381 of the Companies Act 2008.
Reasons why companies fall into business rescue. While insolvency practitioners are best known for their role in liquidation it is less common knowledge that business rescue.
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Business Rescue
