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The use of the offer of compromise/scheme of arrangement provisions of Section 311 of the Companies Act 61 of 1973 as a take-over mechanism
Since 1987, there has been a flurry of decisions relating to S311 of the Companies Act 61 of 1973 ("the Act") reported in the South African Law Reports. Many of the decisions concern the "standard" offer of compromise, which was previously used by third parties to acquire the creditors claims agains...
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| Language: | English |
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Department of Commercial Law
2023
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