Business Rescue Practitioner definition

Business Rescue Practitioner shall have the meaning ascribed thereto in section 128 of the Companies Act;
Sample 1Sample 2Sample 3
Business Rescue Practitioner or “BRP” means Myburgh duly appointed by the Company as business rescue practitioner and certified in terms of Section 138 of the Act by CIPC being a Senior Business Rescue Practitioner as defined in Regulation 126 to the Act;
Sample 1Sample 2Sample 3
Business Rescue Practitioner means a person appointed, or two or more persons appointed jointly, in terms of Chapter 6 of the Companies Act, 2008 (Act 71 of 2008) to oversee a company during business rescue proceedings in terms of that Act;
Sample 1Sample 2Sample 3

Examples of Business Rescue Practitioner in a sentence

  • Johannes Frederick Klopper was licensed by the Commission in respect of the company and appointed as Business Rescue Practitioner (BRP) to this company on 21 November 2018 in terms of Section 138 of the Act.

  • Johannes Frederick Klopper was licensed by the Commission in respect of the Company and appointed as Business Rescue Practitioner (BRP) to this company on 28 September 2020 in terms of Section 138 of the Act.

  • The Sheriff of the High Court is authorised to attach and take a written inventory of and value so much of such moveables and stock-in-trade situated at the premises, limited to the value of R6 000 000 (‘the attached assets’) and thereafter hand such written inventory to the applicant’s attorneys and the Business Rescue Practitioner.

  • Johannes Frederick Klopper was appointed as interim Business Rescue Practitioner in terms of Section 131(5) of the Act by the Western Cape High Court, Cape Town on 30th January 2013, licensed by the Commission on 5th February 2013 and appointed as business rescue practitioner to the Company on 5th February 2013.

  • Notwithstanding that provided for in paragraph 4 above, the Business Rescue Practitioner is nominated as and will at all times act as the applicant’s agent for the purposes of the applicant exercising control and physical possession of and over the attached assets.


More Definitions of Business Rescue Practitioner

Business Rescue Practitioner means a person appointed, or two or more persons appointed jointly, in terms of this Chapter to oversee a company during business rescue proceedings and ‘practitioner’ has a corresponding meaning; 30
Sample 1Sample 2Sample 3
Business Rescue Practitioner means Mr. Liebenberg Dawid Ryk van der Merwe (“Mr. van der Merwe”), Unit B5 Clearview Office Park, Wilhelmina Avenue, Constantia Kloof, Roodepoort, 1724;
Sample 1
Business Rescue Practitioner means a person appointed, or two or more persons jointly appointed, to oversee a company during business rescue proceedings.
Sample 1
Business Rescue Practitioner means Ivan Plurat Uttley, duly appointed by the Company as Business Rescue Practitioner and certified in terms of Section 138 of the Act by the Commission, being a Senior Business Rescue Practitioner as defined in Regulation 126 of the Act
Sample 1
Business Rescue Practitioner means the Business Rescue Practitioner of Eyomhlaba and Hlumisa and who is Myburgh;
Sample 1
Business Rescue Practitioner means the business rescue practitioner as appointed in terms of Chapter 6 of the South African Companies’ Axx, 0000.
Sample 1
Business Rescue Practitioner means a person appointed … to oversee a company during business rescue proceedings …
Sample 1Sample 2