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We are pleased to present below all posts tagged with 'business rescue proceedings'. If you still can't find what you are looking for, try using the search box.
Business rescue provides a structured approach to address financial and operational challenges, enabling entrepreneurs and small business owners to restructure their companies, renegotiate debts, and navigate complex legal landscapes.
Liquidation, Business Rescue, or Compromise? This needs to be answered in the clearest of terms to avoid any confusion. While the circumstances that invite any of these procedures are the same, the actual situation determines which option is suitable to be implemented.
There are various reasons why a business may not perform well, and this will likely have an impact on its financial soundness. In this time of the COVID-19 pandemic there are indeed a lot of unprecedented challenges being faced by businesses the world over, necessitating the need to adopt and adapt to the new normal.
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