CSC creditors set for rescue plan vote

Nivad will spearhead safety improvements, monitor underground trends, conduct geotechnical assessments, scan underground voids, and track gold output to curb leakages. The management firm will also oversee shaft ownership to eliminate speculative holding.

CREDITORS of the Cold Storage Company (CSC) are set for a crucial meeting to decide on the adoption of a rescue plan on April 15, 2025.The meeting is in accordance with section 143 of the Insolvency Act.“The plan will be approved if supported by the holders of more than 75 percent of the creditors’ voting…

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