There are several special benefits that Chapter 6 provides for a company in rescue as a mechanism to financially rehabilitate itself.
People often talk glibly about adapting to change, but in the wake of the Covid-19 pandemic and ensuing economic crisis, it seems more likely that we are going to have to fundamentally change in order to adapt to new situations, conditions and environments in the future.
Lockdown level 4 – are evictions allowed? The easing of the rigorous lockdown rules that governed us for five weeks was met with rejoicing by most South Africans, particularly those with dogs and athletes who were missing their daily runs/cycle rides.
The Western Cape Property Development Forum (WCPDF) this week learnt that the National Minister of Agriculture, Land Reform and Rural Development, Thoko Didiza, has extended an olive branch to property developers in the Western Cape. This is in response to ongoing calls to limit the red tape that has been stifling the property and construction industry and impacting severely on much-needed job creation.
In January this year, the Western Cape Government was informed that an exemption to the Spatial Land Use Management….