16/10/2026
Many company directors do not understand Business Rescue and the powerful mechanism contained in the Companies Act which enables them to save their financially distressed company or close corporation, this supported by a competent business rescue practitioner 👨💼💰📈
Most directors leave it to the last minute to consider the assistance of these provisions of the Companies Act and also many directors believe that placing their company into business rescue is tantamount to teeing it up for liquidation.
In fact, the opposite is the case, the moment the company is financially distressed, as defined in the Companies Act, placing it into “voluntary business rescue” gives it a strong fighting chance of being rescued and continuing to operate on a solvent basis.
RHI has substantial experience in dealing with financially distressed Companies and should you find yourself in this unfortunate position, we are extremely capable of assisting you in preparing a business rescue plan, dealing with creditors and other affected parties as well as having the business rescue plan adopted and implemented.
RHI focuses on the critical issues that your company is facing and actively works with the management team to provide clear, concise, and workable solutions to deal with affected parties in the business rescue proceeding.
To date, RHI has been appointed as a BRP to twelve business rescue engagements with 100% approval of business rescue plans by affected parties.
RHI currently has a success rate of 75% on executing business rescue plans and taking companies out of business rescue.
An alternative to consider is the use of Section 155 offer of Compromise, which can be implemented instead of the rigid process of business rescue or liquidation.
RHI has successfully concluded several Section 155 offers of compromise.
Save your business by contacting us at [email protected] or [email protected] or call us at (011) 964 8184 ☎
