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BUSINESS RESCUE PLAN PREPARED AND PUBLISHED IN TERMS OF SECTION 150 OF THE COMPANIES ACT 71 OF 2008 (as amended)in relation to FOREST HILL CITY SHOPPING Center PROPRIETARY LIMITED (Registration No.
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How to fill out business rescue plan prepared

01
Gather all relevant financial information about the business.
02
Assess the current financial situation and identify areas of concern.
03
Develop a detailed plan outlining steps to address financial issues and improve business operations.
04
Obtain legal advice and assistance in preparing the formal business rescue plan.
05
Present the business rescue plan to relevant stakeholders for feedback and approval.
06
Implement the approved plan and regularly monitor progress towards financial recovery.

Who needs business rescue plan prepared?

01
Business owners facing financial distress and liquidity issues.
02
Companies experiencing declining sales or profitability.
03
Businesses with high debt levels and potential insolvency risks.
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A business rescue plan is a document prepared to outline the steps and strategies to rescue a financially distressed company.
The company's management or board of directors is typically responsible for preparing and filing the business rescue plan.
The business rescue plan can be filled out by gathering financial data, identifying key issues, and proposing solutions to address the company's financial difficulties.
The purpose of a business rescue plan is to provide a roadmap for restructuring the company and improving its financial situation.
The business rescue plan should include details of the company's financial position, proposed restructuring measures, and expected outcomes.
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