The South African Companies Amendment Bill (“the Bill”) was published on 21 September 2018. This marks the first amendments to the Companies Act No 71 of 2008 (“Companies Act”), since it came into effect. Some of the proposed amendments will soften difficult regulatory requirements and strengthen checks and balances. 1. Amendments to Memorandum of Incorporation […]
Investing in a private company is a personal decision contingent on sometimes, many personal factors. That being on the one side and on the other, the Company’s right to buy back shares. Companies are in terms of the Companies Act 71 of 2008, as amended (hereinafter referred to as “the Act”) – allowed to buy-back […]
The Companies Act No. 71 of 2008, as amended (“the Act”), provides that a company may acquire its own shares to the extent that it is solvent and liquid, as more fully described in Section 4 of the Act. In essence, a share buy-back is a transaction where a company buys a portion of its […]
Often when the personal circumstances of the owners or shareholders of a company change drastically, the arrangement(s) in relation to the ownership running of the business/company need to change as well. This in the best interests of the company’s continuity.
My original intention was to save this letter of appreciation until 12 of April, which is the “National Be Kind to Lawyers Day” in the USA. Nevertheless, I would like to take this opportunity to express my heartfelt appreciation and thanks to you for your active participation and efforts put into the recent dilemma that I was having with the tenants living at my property in Cape Town. Please know that your skills and time spent on effectively facilitating this extremely sensitive situation, are highly valued and much appreciated. I have no doubt that things would have had a very different result, had you not advised and assisted me as you did. I truly appreciate your dedication to your profession and to us – your clients, and hope you recognise as I do the valuable role you play in society.AJ Pillay, Johannesburg
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Let’s Talk video series:
- Unlawful Credit Agreements May 22, 2020
- National Wills Week 2008 September 6, 2008
- The co-operative as an appropriate enterprise for BEE [abstract] October 1, 2008
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- Immigration services and travel permits January 5, 2009
- Unlawful Credit Agreements May 22, 2020
- An Update On Crypto Assets – A Move Towards Regularisation May 20, 2020
- Appointing a Third-Party Arbitrator Before Resorting to Dismissal May 17, 2020
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- Developments in TERS #COVID19 May 8, 2020