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170 Insolvency Practitioners Inducted

More than 170 insolvency practitioners have been inducted into the profession by the Ghana National Association of Insolvency Advisors (GARIA)and the Registrar General’s Department under the auspices of Justice and Attorney General.

A former Chief Justice Madam Sophia Akuffo called on the second cohort of practitioners to offer advice to companies in distress about restructuring solutions and insolvency procedures.

Justice Sophia Akuffo also called on the inductees to exhibit well-rooted value systems in discharging their duties.

” As insolvency practitioners to be licensed and individually scrutinized and passed as fit and proper to be sworn in, your character matters. Your stewardship of the office matters to the stakeholders that you represent and to the reputation of this profession and to the successful building of the institution that supports it. Insolvency practice,” She said.

Deputy Minister at the Ministry of Justice and Attorney General, Alfred Tua Yeboah said, where a business can be saved by restructuring every effort must be made by the insolvency practitioners to ensure the purpose is achieved.

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