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The sort answer to “who apply for business rescue” is – any company or close corporation which is financially distressed may file for business rescue proceedings, except for external companies.
If you are considering Business Rescue then you might be wondering what Business Practitioner is required for your business.
Ever wondered what the what is the business rescue timetable? The business rescue proceedings are defined in chapter 6 of the Companies Act and are administered by the CIPC.
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