CAC sets December 1 deadline for corporate liquidators’ re-registration

The Corporate Affairs Commission (CAC) has set December 1 as deadline for corporate liquidators whose accreditation is due for renewal to update their registration with the body.The CAC mandated all accredited insolvency practitioners to re-register and warned that failure to renew accreditation by the deadline would result in automatic suspension and also render affected practitioners ineligible to undertake new insolvency assignments or continue existing ones.