Topic 7: Business Rescue Flashcards
1
Q
Concept of business rescue:
A
2
Q
Commencement of business rescue:
A
3
Q
Board resolution:
- by court order by the affected persons
- court by discretion
A
4
Q
Legal consequences of commencement of business rescue proceedings:
A
5
Q
Moratorium on legal proceedings: (business rescue)
A
6
Q
Effect on contracts: (business rescue)
A
7
Q
Effect on shareholders and directors: (business rescue)
A
8
Q
Business rescue practitioner:
- the business rescue plan
DONT NEED TO KNOW THE CONTENT OF IT
A
