A business rescue practitioner means a person qualified in accordance with section 30 of the Corporate Insolvency Act and appointed as an administrator for purposes of business rescue proceedings. The company shall, after appointing a business rescue administrator file a Notice of appointment as receiver, liquidator, or business rescue administrator (Form I) with the Registrar of the appointment of the business rescue administrator, within seven business days after making the appointment.
What forms will be required?
Notice of appointment as receiver, liquidator, or business rescue administrator (Form I).
Does this process require additional documents?
- Resolution;
- Court order;
- Deed of appointment; or
- Any relevant instrument
How much will this cost me?
Notice of appointment as a Business Rescue Administrator – K600.00