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Companies Act, 2008 (Act No. 71 of 2008)

Companies Regulations, 2011

Chapter 6 : Business Rescue

Part A : Business Rescue Proceedings

124. Notices to be issued by affected persons concerning court proceedings

 

 

See sections 130 (3)(b) and 131 (2)(b)

 

An applicant in court proceedings who is required, in terms of either section 130 (3)(b) or 131 (2)(b), to notify affected persons that an application has been made to a court, must deliver a copy of the court application, in accordance with regulation 7, to each affected person known to the applicant.