by VZLR | Apr 17, 2016 | Corporate & Commercial Law
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...
by VZLR | Apr 12, 2016 | Corporate & Commercial Law
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...
by VZLR | Mar 15, 2016 | Corporate & Commercial Law
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....