Ghana Association of Restructuring & Insolvency Advisors (GARIA) - Accra
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Company name
Ghana Association of Restructuring & Insolvency Advisors (GARIA)
Location
7th Floor, SSNIT Emporium, Airport City- Accra, Ghana
Contact number
Mobile phone
Website address
Working hours
- Monday: 08:00 - 17:00
- Tuesday: 08:00 - 17:00
- Wednesday: 08:00 - 17:00
- Thursday: 08:00 - 17:00
- Friday: 08:00 - 17:00
- Saturday: Closed
- Sunday: Closed
Company manager Nana J. Danso-Quayson
Establishment year 2006
E-mail address
Company description
GARIA is an association of professionals with an interest in restructuring and insolvency established to play a leadership role in corporate restructuring, business recovery and insolvency advisory in Ghana. GARIA is a member of the INSOL International, the Global body of Restructuring and Insolvency Professionals.
GARIA’s goals are: to encourage restructuring of distressed entities including state-owned enterprises and other business establishments; to promote and play a thought leadership role in connection with and in relation to business turnarounds and insolvencies; to promote law reforms in effective business recovery measures and insolvency; to provide a forum for practitioners engaged in business recovery and insolvency practice; and, to promote international cooperation with respect to insolvency or business recovery and related cross border matters.
GARIA’s goals are: to encourage restructuring of distressed entities including state-owned enterprises and other business establishments; to promote and play a thought leadership role in connection with and in relation to business turnarounds and insolvencies; to promote law reforms in effective business recovery measures and insolvency; to provide a forum for practitioners engaged in business recovery and insolvency practice; and, to promote international cooperation with respect to insolvency or business recovery and related cross border matters.
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Questions & Answers
Which law and regulations is insolvency practice under in Ghana?
PUBLIC USER
the current law is the INSOLVENCY ACT - 1962 (ACT 153). GARIA is currently advocating for the passage of a new corporate insolvency bill which is before cabinet. The New Bill will usher in a more friendly insolvency regime.
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