(1) Within 10 business days after being appointed, the practitioner must convene, and preside over, a first meeting of employees’ representatives, at which—
(a) the practitioner must inform the employees’ representatives whether the practitioner believes that there is a reasonable prospect of rescuing the company; and
(b) the employees’ representatives may determine whether or not an employees’ committee should be appointed and, if so, may appoint the members of the committee.
(2) The practitioner must give notice of the meeting to every registered trade union representing employees of the company and, if there are any employees who are not represented by such a registered trade union, to those employees, or their representatives, setting out the—
(a) date, time and place of the meeting; and
(b) agenda for the meeting.
Business rescue provisions in Chapter 6 of the Companies Act No. 71 of 2008
(323k).
Ondernemingreddingbepalings in Hoofstuk 6 van die Maatskappywet No. 71 of 2008
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Business rescue provisions in Chapter 6 of the Companies Amendment Act No. 3 of 2011
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Business rescue provisions in Chapter 6 of the Companies Amendment Act No. 3 of 2011 (English/Afrikaans version)
(792k).
Business rescue provisions in Chapter 6 of the unofficial LexisNexis Consolidated Companies Act
(105k).
Business rescue provisions in Chapter 6 of the Companies Regulations, 2011
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Companies Act No. 71 of 2008
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Mastskappywet No. 71 of 2008
(545k).
Companies Amendment Act No. 3 of 2011
(2 000k).
Companies Amendment Act No. 3 of 2011 (English/Afrikaans version)
(5 920k).
Unofficial LexisNexis Consolidated Companies Act
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Companies Regulations, 2011
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