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Industry Circular: APPLICATION TO PUT MEIBC UNDER BUSINESS RESCUE: SOLIDARITY

The union, Solidarity, has recently approached the Court to place the MEIBC under business rescue. This is not much different from asking the Court to liquidate the Council. What makes this action to be unprecedented is that it is championed by a Trade union whose members would be at the receiving end if the Council was to close its doors due to this action.

 The union, Solidarity, has recently approached the Court to place the MEIBC under business rescue. This is not much different from asking the Court to liquidate the Council. What makes this action to be unprecedented is that it is championed by a Trade union whose members would be at the receiving end if the Council was to close its doors due to this action.

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