CRS Business Rescue
Overview of business rescue in South Africa - the context, process, and stakeholders

The business rescue practitioner

For detailed information on how to register as a business rescue practitioner, and for companies and close corporations entering a business rescue but requiring a business rescue practitioner, see Registration as a business rescue practitioner.

This page will soon provide an in-depth analysis of Chapter 6 business rescue in terms of:

  • Appointment.
  • Removal.
  • Claims ranking.
  • Powers.
  • Duties.
  • Responsibilities.
  • Liabilities.

References

Academic articles

Bradstreet, R. (2010, September). Exploring the Possibility of a Composite Business Rescue Practitioner. De Rebus.

Bradstreet, R. (2010). The Leak in the Chapter 6 Lifeboat: Inadequate Regulation of Business Rescue Practitioners May Adversely Affect Lenders' Willingness and the Growth of the Economy. SA Mercantile Law Journal, 22(2), p. 195-213.

Professional web sites

Business Rescue. (2010, June). Tomlinson Mnquni James Attorneys.

Brewis, T. (2011, June 15). Business Rescue Practitioner - A New Vocation. Cliffe Decker Hofmeyr Attorneys.

CIPRO to Establish Companies and Intellectual Property Commission. (2010, November 2). Deneys Reitz Attorneys.

King, B. (2010, October 21). < rel="nofollow"a href="http://www.deneysreitz.co.za/index.php/news/good_news_for_the_derivatives_business_in_south_africa/" target="_blank">Good News for the Derivatives Business in South Africa. Deneys Reitz Attorneys.

Levenstein, E. (2010). Skills Are the Critical Success Factor in Business Rescue. Werksmans Attorneys.

LSSA to Ask CICP to Accredit Attorneys as Business Rescue Practitioners. (2011, June). Law Society of South Africa.

Van der Walt, J. (2011). Section 138: Qualifications of Business Rescue Practitioners. CRS Business Rescue.

Van der Walt, J. (2011). Section 143: Remuneration of practitioner. CRS Business Rescue.

Van der Walt, J. (2011). Regulation 123: Notices to be issued by a company concerning its business rescue proceedings. CRS Business Rescue.

Van der Walt, J. (2011). Regulation 124: Notices to be issued by affected persons concerning court proceedings. CRS Business Rescue.

Van der Walt, J. (2011). Regulation 125: Notices to be issued by practitioner concerning business rescue proceedings. CRS Business Rescue.

Van der Walt, J. (2011). Regulation 126: Accreditation of professions and licensing of business rescue practitioners. CRS Business Rescue.

Van der Walt, J. (2011). Regulation 127: Restrictions on practice . CRS Business Rescue.

Van der Walt, J. (2011). Regulation 128: Tariff of fees for business rescue practitioners. CRS Business Rescue.

Van der Walt, J. (2011). Registration as a business rescue practitioner. CRS Business Rescue.

Van der Walt, J. (2011). Status of accreditation of professions and licensing of business rescue practitioners. CRS Business Rescue.

Van der Walt, J. (2011). The official CIPC business rescue practitioner registration application process for interim licensed business rescue practitioners. CRS Business Rescue.

Media articles

Crotty, A. (2009, December). Expertise Central To Business Rescue. Business Report.

Steyn, L. (2011, May 20). Bring Out the Rescue Remedy. Mail & Guardian Online.

Temkin, S. (2010, March 3). Business Rescuers Will Need Special Skills. Business Day.

Temkin, S. (2010, February 1). State Plan Hinges on Business Rescue Practitioners. Business Day.

Temkin, S. (2009, July 30). Turnaround Specialists Need Skills Criteria from Government. BusinessDay.

Weavind, T. (2011, July 9). Creditors Aim to Cash in on New Business Rescue Provisions. Business LIVE.

Weavind, T. (2011, July 9). Turnarounds: Does Business Rescue Have the Right Remedy. Times LIVE.

Acts and Regulations

Companies Amendment Act No. 3 of 2011 (English/Afrikaans version) pdf (5 920k).


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