Section 213: Scope of Sub-Part IV
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
213. Scope of Sub-Part IV
The object of this Sub-part is to provide for the business, property and affairs of a company to be administered in a way that—
(a) provides the opportunity for the company or as much as possible
of its business, to continue in existence; or
(b) if it is not possible for the company or its business to continue in
existence, results in a better return for the company’s creditors
and shareholders than would result from the immediate winding
up of the company.