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Law-Now 20 Mar 2024 · International

The precarious position of the voting rights of post commencement creditors

1 min read
The rescue of a company in business rescue ultimately depends on the implementation of a viable business rescue plan which has received the support of 75% of the creditors of the company. A recent business rescue case of Wescoal Mining (Pty) Ltd Another v Mkhombo...

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