Short Course in the Fundamentals of Business Rescue and Administration of Insolvent Estates


Date: Sep 9, 2020 - Dec 11, 2020

Application fee: R450.00

Once-off: R6,000.00

Lecturer: Pieter Lombard MTP(SA)
Lecturer: Ilse Lombard – H Dip (Tax Law)

In these uncertain times, businesses are finding themselves in financial distress. Fortunately, business rescue was introduced into the South African landscape, along with set rules, processes and guidelines for the administration of insolvent estates. This online, interactive course covers the fundamentals of business rescue, voluntary surrender, sequestration or liquidation and covers the planni...

This online interactive course covers the fundamentals of business rescue, voluntary surrender, sequestration or liquidation and covers the planning and administration of an insolvent estate, including the winding-up of a company.

Course overview

The short course consists of the following:

  1. Introduction: concepts of business rescue, voluntary surrender or sequestration/liquidation.

  2. Business rescue: legal implications, business rescue practitioners and the business rescue plan.

  3. Sequestration: voluntary and compulsory sequestration.

  4. Consequences of sequestration: consequences for spouse and legal actions.

  5. Curator bonis, provisional trustee and trustee: election, powers and duties, disqualification, remuneration and termination.

  6. The trustee’s account.

  7. The administration process: liquidation of assets.

  8. Composition: effects of composition on trustees’ duties and account.

  9. Treatment of insolvent deceased estates.

  10. Insolvent partnerships: sequestration procedure.

  11. Winding-up of companies: winding-up procedures and the liquidators account.

  12. Rehabilitation.


Course delivery

This short courses is delivered by The Tax Faculty through the virtual campus and webinar platforms. Assessments will take place via formative and summative assessments.


Admission requirements

Recommended NQF 7 in the field of law, accounting or tax.


Flexible payment options

Payment option 1: Once-off payment

Total: R6 000.00 (incl. VAT).

Payment option 2: Debit order

Application fee (non-refundable): R 450.00 (incl. VAT).

3 instalments: R2 200.00 per month (incl. VAT).
Total: R 6 600.00 (incl. VAT).

*The first debit order will run on the course start and then every first of the new month.


Payments and cancellations

  • All required minimum payments must be made by direct EFT or by credit card before the commencement of a course.
  • Kindly note that should debit order payment terms not be adhered to; legal action will be taken.
  • Proof of payment may be requested before access to the iLearn platform will be communicated, should your payment not reflect on The Tax Faculty’s bank account.
  • Only written notice of cancellation will be accepted.

Conditions

  • If the cancellation is requested more than 10 working days prior to the course, no cancellation fee will be applicable.
  • If the cancellation occurs less than 10 working days prior to the event a 100% cancellation fee will be applicable.
  • Students who register for a course and fail to attend will be held liable for the full course fee.
  • Course application fee is non-refundable.
  • CPD event delegates who book and fail to attend will be held liable for the full event fee.
  • The Tax Faculty’s liability in the case of a course being cancelled will be limited to a refund of the course fee.

Why wait?

Get your application in to avoid disappointment. Click below to start your application.

 

 


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