The Business Rescue Practitioners (BRPs) for South African private-sector airline group Comair have asked the group’s creditors to grant them a second extension for the publication of the business rescue plan for the airline. Under the Companies Act, a business rescue plan must be published within 25 business days of the appointment of the BRPs. The business rescue plan publication date has already been postponed, from June 9 to June 23. “On Sunday evening, 21 June 2020, the Practitioners ...
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