by Leigh-Anne Kriel | Jan 15, 2021 | Commercial law, Publications
Section 151 of the Companies Act 71 of 2008 requires a business rescue practitioner to convene and preside over a meeting of creditors within 10 days after publication of the proposed BRP – in order to adequately consider the BRP. However, the Companies Act then...
by Aphelele Mabanga | Jan 14, 2021 | Commercial law, Contract Drafting, Employment law, Publications
It has now become a norm that an employee will render their resignation with immediate effect in the hopes of avoiding the consequences of being dismissed for misconduct, and thus, free themselves from the constraints of a stained disciplinary record that may ruin...
by Raeesa Ebrahim Atkinson | Dec 8, 2020 | Commercial law, Contract Drafting, Publications
None of us are strangers to the drastic and everlasting effects of the Covid-19 Pandemic and the effect the National Lockdowns and the halting of business have had on global and national trade. However, for the business innovator and budding entrepreneur, it may be...
by Jared Poole | Nov 17, 2020 | Commercial law, Contract Drafting, Publications
Many have found themselves unemployed as a result of the spread and effects of the COVID-19 virus. While some have chosen to search for alternate employment, others have chosen to see their circumstances as an opportune time to take the leap of starting their own...
by Raeesa Ebrahim Atkinson | Nov 10, 2020 | Commercial law, Publications
Small businesses are a vital part of any market’s commercial ecosystem. They provide range in respect of goods and services, allow large companies access to a bigger consumer market and facilitate economic growth and diversity. However, the recent economic downturn as...
by Nicolene Schoeman Louw | Nov 5, 2020 | Civil Litigation and Alternative Dispute Resolution, Commercial law, Publications
According to South African company law, a director has a fiduciary duty to act in good faith and the best interests of the company. Several other duties flow from this duty, such as the duty to avoid a conflict of interests. The duty of a director not to appropriate a...
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