27/07/2026
When can a court remove company directors during business rescue?
In a recent High Court judgment, two directors were removed after repeatedly failing to cooperate with the business rescue practitioner. The Court also ordered them to pay the costs of the application on the punitive attorney-and-client scale.
Our latest article examines the statutory duties imposed on directors during business rescue and the circumstances in which a court may intervene to protect the integrity of the rescue process.
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