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25 June 2017
Polity Focus
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04 Nov 2011
Companies to amend business rulebook in accordance with new Act
New Companies Act
The new Companies Act, No 71 of 2008, which was promulgated into law on May 1, states that Articles and Memoranda of Association of companies and Founding Statements of close corporations that...
Directors have increased responsibility towards companies – New Act
New Companies Act
The responsibilities of directors under the New Companies Act of 2008 can weigh heavily on the shoulders of persons in such positions, says law firm Eversheds candidate attorney David Luckett. A...
Maximising benefits of the new Companies Act
New Companies Act
The recently promulgated new Companies Act, which came into effect on May 1, is a combination of both the old Act and the new Act, states corporate law firm Brink Cohen Le Roux (BCLR) director...
05 Nov 2010
Corporate shutdowns and delinquent directors
Company Law
In terms of certain provisions of the new Companies Act, No 71 of 2008, government has prohibited any form of reckless trading by a company, reports law firm Werksmans Attorneys.
Generating praise and concern
Company Law
Despite the concerns surrounding the new Companies Act, No 71 of 2008, and the lengthy period to finalise it, the aim of the Act is to make business proceedings easier, says global accounting and...
New Act will transform companies
Company Law
Law firm Adams & Adams commercial department head André Visser says that the new Companies Act, No 71 of 2008, will change the landscape of companies, as they are presently constituted.
30 Sep 2010
Implementation of the new Companies Act delayed
The implementation of new Companies Act will be delayed. It was initially mooted that the new law would be effective from October 2010 this year, but the Department of Trade and Industry has now...
22 Sep 2010
Getting to grips with the new Companies Act
The new Companies Act,[1] (“the new Act”) ushers in a new era of company law and when it eventually comes into effect, it will, as can be expected, give rise to a fair amount of confusion about the...
Polity Focus
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