In for a penny, in for a pound In the recent matter of Price Waterhouse Coopers Inc and Others v IMF (Australia) Limited and Another 2013 (6) SA 216 (GNP), Botha J again confirmed the legality of champertous agreements, as previously decided by the Supreme Court of...
Section 1 of the Companies Act, No. 71 of 2008 (“the Companies Act”) Section 1 of the Companies Act, No. 71 of 2008 (“the Companies Act”) defines a Distribution as:- 1.1 The transfer by a company of money or other property of the company, to or for the benefit of one...
The Companies and Intellectual Property Commission previously exempted payment of the prescribed fees relating to conversion of close corporations to private companies, for a period of 3 (three) years, from date of commencement of the Companies Act, No. 71 of 2008....