Business Rescue
IS YOUR COMPANY IN FINANCIAL DISTRESS?
As opposed to your company going into liquidation, which may have an adverse consequence on the directors, Basheer Paruk is a Business Rescue Practitioner licensed to assist in the rescue process.
Our Rescue team consists of a range of individuals each holding vital skills, and qualifications, necessary to turn your business around!
Note: BR Proceedings is a formal proceeding which will reflect your company's CIPC status as one in BR Rescue
All legal proceedings will be placed on hold, and creditors will be negotiated with, in lieu of finding a suitable payment arrangement both to the company’s financial position as well as the affected creditor.
View our publication on business rescue proceedings for more information.