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ReNaissance engages creditors

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RENAISSANCE Securities Private Limited will next month hold its first meeting with creditors of the company to make way for its liquidation.

Business Reporter

In a statement yesterday, liquidator Baker Tilly Gwatidzo said all creditors and contributories would meet on May 15.

Baker Tilly and Gwatidzo is currently in the process of reviewing the books and records of the company in preparation of the first meeting of creditors and members.

“If you are owed money by ReNaissance Securities Private Limited for any reason . . . On 15 May 2013, you in person or a duly appointed representative of your organisation must physically appear before the Master of High Court in order to prove claim,” the statement reads in part.

“If you or your representative are not in attendance on the day of the meeting, your claim may be rejected for non
appearance.”

ReNaissance Limited was suspended in June last year by the Securities Commission of Zimbabwe after it emerged that the company was undercapitalised. All asset management companies are required to have minimum paid-up capital of $500 000.

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