Tag: Business Rescue

Business Rescue

a warmly-lit desk with a notepad, calculator, money and paperclips as well as a pair of hands calculating and drawing charts on the notepad

At PATC, we assist with business rescue, which is defined by the Companies Act 2008 with an aim 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”)…