The Business Rescue Practitioner (BRP) assists companies who are technically insolvent from trading out of the state insolvency back to solvency.
Find below are the list of Business Rescue Practitioner In South Africa
Corporate Business Rescue
Address: 301 David Vorster St, Annlin, Pretoria, 0066
Hours: Open 24 hours
Phone: 082 772 9290
Gauteng Business Rescue Practitioners
Address: 67 Van Riebeeck Ave, Gauteng, Alberton, 1450
Phone: 010 448 0702
Business Rescue
Address: FLOOR, NO 14, LADY BROOKS OFFICE PARK FIRST, 14 12th St, Menlo Park, Pretoria, 0081
Hours: Open ⋅ Closes 3PM
Phone: 012 344 4315
Business Rescue Exchange
Address: 152 Bryanston Dr, Bryanston, Sandton, 2191
Hours: Open ⋅ Closes 5PM
Phone: 011 100 2552
Matuson & Associates
Address: 114 Oxford Rd, Houghton Estate, Johannesburg, 2198
Hours:
Open now Add full hours
Phone: 011 728 7166
Who is SAA business rescue practitioner?
Leslie Matuson
On 5 December 2019, Leslie Matuson appointed as the Business Rescue Practitioner (“BRP”) of SAA in terms of Section 129(3)(b) of the Act.
How do I become a rescue practitioner in South Africa?
Apply for a license as business rescue practitioner
A comprehensive resume containing full and detailed particulars of the applicant’s history and relevant practical experience in business turn around practice.
Certified copies of the qualifications of the applicant;
What are the disadvantages of business rescue?
Cons first:
Financial institutions are reluctant to grant post-commencement finance for companies under business rescue and in most instances, such financial institutions may elect to suspend its facilities with the company pending a renewal application by the business rescue practitioner appointed.
What does business rescue in South Africa mean?
Business rescue, as defined by the Companies Act 2008, aims to facilitate the rehabilitation of a company that is “financially distressed” by providing for: the temporary supervision of the company and management of its affairs, business and property by a business rescue practitioner, a temporary moratorium (“stay”) on
Why is SAA under business rescue?
The objectives of business rescue proceedings are to either return a financially distressed company to solvency, or if that is not possible, to provide a better return to creditors or shareholders than that which would be achieved in an immediate liquidation of the company.30
What is business class on South African Airways?
South African Business Class
Seating in Business Class cabins is in a staggered 1-2-1 configuration, offering all customers a forward facing, lie-flat seat, increased privacy and direct access to the aisle.