CPS business rescue should continue, says practitioner

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Sassa wants the company liquidated, but CPS says the agency has not provided any evidence that the business cannot be successfully rescued

Pensioners collect their grant money in Mpumalanga. Picture: SOWETAN

However, in an affidavit to the court, business rescue practitioner Ralph Lutchman said Sassa has not provided any evidence that the business cannot be successfully rescued, especially at an early stage when the rescue plan has not even been published. If the court hears the matter on an urgent basis, as requested by Sassa, it would prejudice the plan, it was argued

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Cleaning company fined R250,000 for Sassa tender collusionQuintax Cleaning Services has agreed to pay a fine of more than R250,000 for colluding with another firm to fix prices in a tender for the SA Security Agency.
Herkunft: TimesLIVE - 🏆 28. / 59 Weiterlesen »

CPS business rescue should continue, says practitionerSassa wants the company liquidated, but CPS says the agency has not provided any evidence that the business cannot be successfully rescued
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

CPS business rescue should continue, says practitionerSassa wants the company liquidated, but CPS says the agency has not provided any evidence that the business cannot be successfully rescued
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

SAA business rescue practitioners lose leave to appeal retrenchmentsThe Labour Court reportedly says the BRPs at SAA must consult workers, issue section 189 notices and submit a business rescue plan before commencing with retrenchments.
Herkunft: TheCitizen_News - 🏆 6. / 75 Weiterlesen »