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New C.Act.Us

SA Companies Act No 71 of 2008, interpretation of e.g. financial assistance, liquidity & solvency test, directors' liabilities, etc

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New C.Act.Us | thenewcactus.blogspot.com Reviews

https://thenewcactus.blogspot.com

SA Companies Act No 71 of 2008, interpretation of e.g. financial assistance, liquidity & solvency test, directors' liabilities, etc

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1

New C.Act.Us: Alignment of MOI's

http://thenewcactus.blogspot.com/2014/03/alignment-of-mois.html

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Sunday, 2 March 2014. No 71 of 2008 (2008 Act) allowed existing. If a company’s MOI has not yet been aligned to the 2008 Act, the company secretary should alert their company to the risk of not doing so. A decision whether to file an amended MOI can then be made after taking into account the cost-benefit trade-off. Agreements contrary to the minority shareholder protection afforded by the 2008 Act will be void. If a ...

2

New C.Act.Us: Trade Mark Rights and Company Names

http://thenewcactus.blogspot.com/2013/09/trade-mark-rights-and-company-names.html

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Tuesday, 3 September 2013. Trade Mark Rights and Company Names. For many entrepreneurs, the starting point in setting up a new business is to select a name for the new business and to register a company with that name. 1) research names that are already in use in the trade in the same field of business by cross-checking business directories and search engines on the internet; and. 2) arrange for a search of the regis...

3

New C.Act.Us: Directors and Officers (D&O) Insurance

http://thenewcactus.blogspot.com/2013/10/directors-and-officers-d-insurance.html

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Sunday, 20 October 2013. Directors and Officers (D&O) Insurance. Protection of Directors in the Firing Line. The collective baying for blood that followed the bid-rigging revelations in the construction industry has increased awareness of directors’ exposure and personal liability in corporate South Africa. AIG has launched a new policy to address these important shifts in risks to directors and officers. The exposur...

4

New C.Act.Us: Companies Act Deadline - 30 April 2013

http://thenewcactus.blogspot.com/2013/06/companies-act-deadline-30-april-2013.html

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Monday, 24 June 2013. Companies Act Deadline - 30 April 2013. The expiry of the deadline for compliance with the Companies Act of 2008 on 30 April 2013 is important, and has consequences, but for most companies there is no need to panic. By Tracy Hockly, Associate at Dommisse Attorneys. Subscribe to: Post Comments (Atom). View my complete profile.

5

New C.Act.Us: DTI corrects the Standard MOI Forms

http://thenewcactus.blogspot.com/2013/08/dti-corrects-standard-moi-forms.html

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Monday, 26 August 2013. DTI corrects the Standard MOI Forms. A restriction on transferability has now been introduced in the short form as follows:. An issued share must not be transferred to any person other than –. A) the company, or a related person;. B) a shareholder of the company, or a person related to a shareholder of the company;. C) a personal representative of the shareholder or the shareholder's estate;.

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New C.Act.Us

South Africa's new Companies Act 71 of 2008, effective 1 May 2011 - in bite size chunks! Sunday, 2 March 2014. No 71 of 2008 (2008 Act) allowed existing. If a company’s MOI has not yet been aligned to the 2008 Act, the company secretary should alert their company to the risk of not doing so. A decision whether to file an amended MOI can then be made after taking into account the cost-benefit trade-off. Agreements contrary to the minority shareholder protection afforded by the 2008 Act will be void. If a ...

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