{"id":14114,"date":"2022-08-31T16:10:00","date_gmt":"2022-08-31T14:10:00","guid":{"rendered":"https:\/\/www.cipc.co.za\/?p=14114"},"modified":"2022-08-31T16:11:42","modified_gmt":"2022-08-31T14:11:42","slug":"filing-requirements-for-appointment-of-business-rescue-practitioner-cor123-2","status":"publish","type":"post","link":"https:\/\/www.cipc.co.za\/?p=14114","title":{"rendered":"Filing requirements for appointment of business rescue practitioner (COR123.2)"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;][et_pb_text _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; custom_padding=&#8221;0px||2px|||&#8221; global_colors_info=&#8221;{}&#8221; theme_builder_area=&#8221;post_content&#8221;]<p><strong>Note that Notice 65 of 2018 is hereby withdrawn and replaced by Notice 22 of 2022<\/strong><\/p>\n<p>As from 15 June 2021, information relating to the form CoR123.2 and legal documents in terms of Regulations 123(3), and filed in accordance with section 129(3)(b) of the Companies Act 71 of 2008 (\u201cthe Act\u201d), must be <br \/>submitted via the electronic platform New e-Services, www.cipc.co.za \/ Enterprise Registration \/ New e-Services. Manual forms for licensing will no longer be accepted as being submitted or filed if it was received via email to <a href=\"mailto:cor123.2@cipc.co.za.\">cor123.2@cipc.co.za.<\/a><\/p>\n<p><strong>Documents to be submitted<\/strong><\/p>\n<ul>\n<li><strong>The filing of the CoR123.2 must be done by the company and anyone filing on behalf of the company other than the director\/member of the company or cc respectively must submit a mandate from the company authorizing him\/her to file the CoR123.2 on behalf of the company; (customer code owner must be that of the company representative \u2013director\/member)<\/strong><\/li>\n<li>Signed system generated CoR123.2;<\/li>\n<li>Court order in the event that the proceedings and\/or appointment was done through the court;<\/li>\n<li>Certified ID copy of the Authorized person who signed the form;<\/li>\n<li>Power of Attorney\/Mandate must be attached in an event that a third party signed on behalf of the <br \/>Company that is if the signatory\u2019s name does not reflect on ERMS as a Director \/ Member;<\/li>\n<li>Certified ID copy of the appointed Business Rescue Practitioner;<\/li>\n<li>Letter of Good standing from the Business Rescue Practitioner\u2019s Professional Body Accredited by the <br \/>Commission;<\/li>\n<li>\u00a0Current individual Tax Clearance Certificate of the Business Rescue Practitioner;<\/li>\n<li>\u00a0Consent letter by Practitioner accepting the appointment, reflecting the following information:<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Full names and surname;<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 ID number of appointed Business Rescue Practitioner;<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Contact details of practitioner, (e-mail address, cell number, and telephone numbers);<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Addresses of the appointed Business Rescue Practitioner (Office);<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Not subject to an order of probation in terms of section 162(7);<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Would not be disqualified from acting as a director of the company in terms of section 69 (8);<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Does not have any other relationship with the company<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Is not related to a person who has a relationship contemplated in paragraph (d); and<br \/>\u00a0 \u00a0 \u00a0 \uf0a7 Is of sound financial status.<\/li>\n<\/ul>\n<p><strong>NB: A person who knowingly provides false information to the Commission commits an offense. <\/strong><\/p>\n<p><a href=\"https:\/\/www.cipc.co.za\/wp-content\/uploads\/2022\/08\/notice-22.pdf\">Filing requirements for the appointment of business rescue practitioner (COR123.2)<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"<p>Note that Notice 65 of 2018 is hereby withdrawn and replaced by Notice 22 of 2022 As from 15 June 2021, information relating to the form CoR123.2 and legal documents in terms of Regulations 123(3), and filed in accordance with section 129(3)(b) of the Companies Act 71 of 2008 (\u201cthe Act\u201d), must be submitted via [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-14114","post","type-post","status-publish","format-standard","hentry","category-notices"],"_links":{"self":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/14114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14114"}],"version-history":[{"count":4,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/14114\/revisions"}],"predecessor-version":[{"id":14122,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/14114\/revisions\/14122"}],"wp:attachment":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}