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HernicFerrochrome(Pty)Ltd R/EofPtn103DeKroon444JQ P.O. Box4534Brits0250 SouthAfrica23 January 2018 Attention: All Affected Persons of Heroic Mercurochrome Proprietary Limited (in business rescue)
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What is in business rescue?
In business rescue, a company undergoes a process aimed at rehabilitating its financial position.
Who is required to file in business rescue?
The directors of a company are required to file for business rescue if the company is financially distressed.
How to fill out in business rescue?
To fill out in business rescue, the directors must appoint a business rescue practitioner and submit the necessary documentation.
What is the purpose of in business rescue?
The purpose of business rescue is to help a company in financial distress to restructure and continue operating.
What information must be reported on in business rescue?
The business rescue plan, financial statements, and any other relevant financial information must be reported on in business rescue.
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