Why does you Business Need Business Rescue
1. Your company is financially distressed and is unlikely to be able to meet its commitments within the next ensuing months. 2. You need...
TESTS FOR INSOLVENCY
What are the Tests for Insolvency (ie Liquidation) A company will be said to be insolvent if its liabilities either exceed its assets...
GROUNDS FOR LIQUIDATION OF A COMPANY
GROUNDS FOR LIQUIDATION OF A COMPANY It is known that some creditors of companies may endeavour to do debt collection through liquidation....
Warning signs of a distressed Business
What are the warning signs There are lots of warning signs below for a distressed business. Not all will apply – but if some do listen to...
Liquidating or winding up your company
Liquidation and Deregistration are not the same thing. Liquidation Liquidation implies that the business is not able to pay its debts. ...
Different Types of Liquidation
Introduction in regards to the different Types of Liquidation Liquidation (or "winding up") is a process by which a company's existence...