- Provides a breathing space for the company to operate without pressure from creditors
- Regulates the circumstances under which negotiations with creditors will take place
- Control of the business is retained by its management
- Improves management through the expert advice provided by the Examiner
- Ensures equal treatment of all creditors, including governmental and local authorities
- Ensures continuation of the business
- Beneficial impact to the community as it saves jobs
- It’s swift and efficient
