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Some thoughts on Section 16(9) of the Companies Act – MOI amendments

Some thoughts on Section 16(9) of the Companies Act – MOI amendments 

7th February 2014 The Companies Act, No 78 of 2008 (the Act) has generally been viewed as one of the good pieces of legislation to come out of Parliament, post... 

Business rescue proceedings in a nutshell

Business rescue proceedings in a nutshell

27th January 2014 Chapter 6 of the Companies Act, No. 71 of 2008 (The Act) provides for business rescue, which is a mechanism designed to avoid imminent liquidation... 

Changes to the notarial authentication process

2nd December 2013 A recent directive from the South African department of international relations and cooperation (DIRCO) affects the way in which we process... 

More Schoeman Law Inc

Disclosure of director’s personal financial interest

13th November 2013 One of the duties imposed on a director of a company is the duty to avoid conflict of interest - this forms part of the director’s fiduciary... 

Will the proposed revision to the B-BBEE codes of good practice lead to increased fronting activity?

8th October 2013 The proposed changes to the Broad-Based Black Economic Empowerment (“B-BBEE”) codes now intend to make “ownership” a compulsory priority element.... 

The rights of minority shareholders – what every shareholder needs to know

By: Sheila Barradas     9th September 2013 The broad concept of a company and business law by its nature is that its affairs are managed by a board of directors and that shareholders are... 

What now for corporations?

9th September 2013 There has been confusion among some owners of (largely) small businesses who have not fully grasped the true implications of the new Companies Act,... 

The business judgment rule: how the Companies Act of 2008 is impacting on directors’ duties

7th August 2013 Introduction Not only has the Companies Act 71 of 2008 (the “Act”) changed our entire corporate landscape, but it has also transformed the roles... 

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