The Office of the Registrar of Companies (ORC) says it will collaborate with stakeholders to ensure effective implementation of Ghana’s Corporate Insolvency and Restructuring Act (CIRA), 2020 (Act 1015).
Maame Samma Peprah, Acting Registrar of Companies, said the ORC was committed to supporting institutions and businesses in understanding and applying the provisions of the Act, which provided mechanisms to rescue viable but distressed companies through restructuring rather than liquidation.
“The ORC is ready to work with all stakeholders. At the call of any stakeholder, we will make ourselves available to explain the Act’s details and assist in properly dissolving or…