Management Consulting - Edenvale, Gauteng, South Africa
STURNS is a respected business rescue practice, offering in-house training, seminars and mentorship programmes. Although we operate across diverse market segments, our business rescue services are tailored to the specific requirements of small, medium and large enterprises. In accordance with the Companies' Act, we enable numerous benefits to a company, including a moratorium on legal proceedings. THE BUSINESS RESCUE PROCESS is a legal process in accordance with Chapter 6 of the Companies' Act that aims to rescue and rehabilitate companies in financial distress.THE BENEFITS of the Business Rescue process offers a moratorium on all legal proceedings against the company, enabling the business or its debt to be restructured. Business rescue not only facilitates a compromise with the company's creditors but prevents a third party from implementing liquidation procedures or seizing its assets.
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