LML4806 (Company Law) Assignment 2 Semester 1 2024 Answers. Footnotes and bibliography always included in my work! Have confidence in Buying a Document: Thorough Research, Adhering to Academic Guidelines, and Proper citing relevant literature. The Law of Business Structures. Cassim, FHI.
Adhering to Academic Guidelines, Proper citing relevant literature.
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LML4806 Assignment 2 Answers | Semester 1 2024 | Footnotes and Bibliography Included!
Contents
Question 1 .................................................................................................................. 2
1.1 Explain what business rescue is and indicate the circumstances in which
business rescue proceedings may be used. (5) ..................................................... 2
Extra: ...................................................................................................................... 4
1.2 Advise Jane and Steven how business rescue proceedings may be
commenced and indicate whether Jane and Steven, in their capacity as
employees, would have any means of ensuring that the business rescue
proceedings are commenced. ................................................................................ 5
Alternative Answer: ................................................................................................. 7
Question 2 .................................................................................................................. 8
With reference to the relevant statutory provisions, advise the board of
Springboard (Pty) Ltd on whether and how (if at all) the shareholders opposed to
the merger would be able to prevent the merger from taking place. ....................... 9
Bibliography ............................................................................................................. 10
PREVIEW:
1.1 Explain what business rescue is and indicate the circumstances in which
business rescue proceedings may be used. (5)
Business rescue, as defined under Section 128(1)(b) of the Companies Act 71 of
2008,1 is a legal process aimed at rehabilitating a financially distressed company.
This process involves three key components…
1 Companies Act 71 of 2008. Sec 128(1)(b).
1
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