Categories
COMPANY

COMPANIES ACT, 71 OF 2008 SERIES PART 5

Part 5: Voluntary winding-up of solvent companies in terms of the Companies Act By Dommisse Attorneys on 1st March 2016 Although any mention of the “winding-up” or liquidation of a business enterprise has the tendency to attract negative sentiments in the commercial world, the voluntary winding-up of a solvent company remains a useful and practical […]

Categories
DIRECTORS

COMPANIES ACT, 71 OF 2008 SERIES PART 4

Part 4: Board Meetings By Dommisse Attorneys on 2nd February 2016 The Companies Act, 71 of 2008 (“the Act“) expressly provides that the business and affairs of a company must be managed by or under the direction of the board of directors (“the Board“), which has the authority to exercise all of the powers and perform […]

Categories
DIRECTORS

DIRECTOR’S DUTIES – 5 THINGS YOU NEED TO KNOW

By Dommisse Attorneys on 20th August 2013 There has been a lot of media coverage in the past couple of years devoted to directors’ duties under the new Companies Act of 2008, and the fact that directors can be held personally liable if they breach those duties. The effect can be fear and uncertainty – […]

Categories
BLOG

Share Capital: What to consider?

By Dommisse Attorneys on 2nd June 2016 The monies raised by a company through the issue of shares is commonly referred to as the share capital of that company. The Companies Act, 71 of 2008 (as amended) (“Companies Act“) regulates certain aspects regarding share capital, which every director, shareholder and potential investor should be aware […]