VM INsolvency

About Us

VM Insolvency Practitioners offers a broad staff base of highly motivated, skilled and ethical professionals who will make sure that you and your interests are protected. 

VM Insolvency Practitioners has an experienced and highly skilled insolvency division, capable of handling liquidation, insolvency or business rescue, regardless of the size or complexity, from multinational companies to private individuals. This entire division is geared to provide speedy and efficient service to all creditors in the insolvency process and understand the needs of creditors. Our ultimate goal is always to minimise hardship and maximise recovery. When necessary and wherever possible, we will resolve insolvency issues and manage the debtor out of financial crisis in order to prevent liquidation and sequestration. 

The company has the advantage of an internal qualified accounting team who work in conjunction with the liquidators. We are represented on the Master’s Liquidation Panel Nationally. Our department is well equipped to realise assets, investigate claims against the Estate and account to the Master of the High Court in a professional manner.    

We are active members of SARIPA (South African Restructuring and Insolvency Practitioners Association) and are listed on the panel of liquidators to the Master of the High Court, Kwa Zulu Natal and represented nationally. 

Our clients range from large corporate companies to small and medium businesses and individuals with their needs ranging from liquidation and business rescue services, with a wide range of other services offered by our practitioners.

We also have requests from individuals who are not considered to be in good standing and require our services to be sequestrated. We have in-house expertise to execute and facilitate this task.

Our clients are situated nationally in areas from Kwa Zulu Natal to as far as Gauteng, East London and Cape Town to outlying regions such as Ladysmith, Richards Bay, Mooi River, and Estcourt.

We service a diverse client base that has become fond of the personalized service we offer. We pride ourselves with an exceptional client satisfaction track record. Our strict code of conduct means you are treated with the highest level of professionalism.

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Our accreditation

VM Insolvency Practitioners is accredited with the following Regulatory Bodies

Companies and Intellectual Property Commission (CIPC)  

The South African Restructuring and Insolvency Practitioners Association (SARIPA)

South African National Accreditation System (SANAS)

Chartered Secretaries Southern Africa (CSSA)

The South African Institute of Internal Auditors (SAIIA)

Chartered Institute of Management Accountants (CIMA)

South African Institute of Professional Accountants (SAIPA)

Vishnu Maharaj

Director (Liquidator & Business Rescue Practitioner)

Vishnu Maharaj is the Liquidator and Business Rescue Practitioner. He has extensive experience in the field. He works closely with individuals that require our services and renders expert advice on the best course of action.  He is very objective and an excellent mediator between debtors and creditors ensuring fairness to all parties concerned with the best possible outcomes for all. Over the years, he has been involved in a range of simple and complex matters that has gained him the wealth of knowledge that he now possesses and no task is too difficult for him to take on. He is strong willed and goes the extra mile to ensure that the liquidation/sequestration/business rescue process runs as smoothly and effortlessly as possible. He works with a diligent team and together they are able to undertake work in this field of any magnitude. In addition to being a Liquidator and Business Rescue Practitioner, he has a number of other qualifications under his belt. He is also qualified in the field of Accounting, Taxation and Auditing and has run a very successful accounting practice prior to him getting into the Insolvency field. His accounting background provides him with a unique perspective which makes him a force to be reckoned with in the Insolvency industry. 

Keshni Maharaj

Head of VM Insolvency Practitioners Inc

Keshni Maharaj is the Senior Manager and is the head of the VM Insolvency Team. She has a wealth of experience having worked as a commercial litigation attorney for a large multi- national firm for many years. She handles all the legal aspects surrounding insolvency and business rescue. In addition, she attends to Trust Registrations, drafting of Wills, winding up of deceased estates, rescissions of judgments and various other tasks. She wears many other hats in our business. She is the Group Legal Manager, Head of HR and the Property Portfolio Manager for VM Group of Companies. She also sits on the Steering Committee with Vishnu Maharaj and various other individuals for the VM Group.

Femhida Khan

Insolvency manager

Femhida Khan is an Insolvency Manager and is fully qualified in this regard. She is well known in the industry and has many years of experience and this has given her an impeccable understanding of liquidations, insolvency and business rescue. She is directly involved in the administration of the insolvent estates from inception to finalisation and is highly skilled in this regard.  She is meticulous and efficient and ensures that all matters are handled expeditiously and professionally. She is assisted by the Insolvency Administrators and together they ensure that all matters are handled diligently.

Nonkosi  Nzimase

Insolvency & business rescue assistant

Nonkosi Nzimase is an Insolvency Administrator. She has been in the insolvency field for several years and is therefore very experienced. She is involved in the insolvency administration process from beginning to end under the guidance of the Insolvency Manager. She is skilled in handling Creditors meetings. She also liaises and attends at the Masters offices to track progress on all estates and ensures that all matters are proceeding along timeously.  In addition, she also assists in the drafting of Wills, Trust Registrations and winding up of deceased estates under the guidance of the Head of the Department.

Kimolia Moodley

Insolvency & business rescue assistant

Kimolia Moodley is an Insolvency Administrator.  She has gained years of experience in law firms as well as in insolvency firms.  She also handles the insolvency administration process from beginning to end under the guidance of the Insolvency Manager. She attends Creditors Meetings and liaises with the Master to track progress on all estates and ensures that all matters are proceeding along timeously.  In addition, she is responsible for the marketing and PR for the firm.

Want to join the team?

We are always looking for ambitious, enthusiastic and entrepreuneurial people to join our team. If this sounds like you, drop us your CV with what you can bring to our company that sets you apart from anyone else.