Business Rescue and the Effect on the Collection of Commercial Debt in terms of the New Companies Act

Collection of commercial debt in South Africa will never be the same following to the introduction of Chapter 6 of the New Companies Act which is due to take effect in the second half of 2010.

This legislation will be retrospective and will apply to all commercial debt, both old and new that companies will have to collect.  It will also affect credit granting and the way in which companies manage their debtors.

Topics to be covered:
• Initiation of Business Rescue
• Business Rescue Plan
• The effect on:
                         Legal proceedings
                         Property Dealings
                         Company Contracts
                         Directors and Shareholders
                         Security Holders
• Commencement of the Business Rescue process
• The effect of the Business Plan on Creditors
• How to collect existing debt
• How to collect future debt
• How to open new accounts
• How to manage your debtors book
• How to mitigate the effects of Business Rescue

Who should attend 
Directors, Shareholders, Members of CCs, Financial Directors, Financial Managers, Accountants, Auditors and Credit Managers.

Presenter
David Rosin is a law graduate of the University of the Witwatersrand. He was responsible for introducing Veri-cheque into South Africa and was its managing director. David has presented courses for the last eighteen years nationally and internationally on legal, credit collection, and management topics, and is a dynamic speaker and trainer.

Where       
7TH Floor, JCC House, Empire Road, Milpark

Bookings
Pam Freeman Tel: 726-5300 Fax: 482-6914, 482-2000

How much       
R1450.00 Members, R1650.00 Non-members

When
Thursday, 12 August 2010

Time: 09:00 – 15:00 (Registration from 08:30) 

Parking: (R30.00 – not included in fee) Access to Garden Court-Afripark covered parking on service road
opposite Garden Court Holiday Inn entrance.