May 22, 2024 | Corporate and Commercial Law
In South Africa, the Companies Act of 2008 sets out the legal framework that enables shareholders to remove directors from a company’s board. This mechanism is vital for maintaining accountability and ensuring that the directors align with the strategic...
Jun 18, 2020 | Corporate and Commercial Law
A shareholder can be defined as a person, whether natural or juristic, who owns shares or stock in a company. A person can be a sole proprietor or owner of 100% of the shares, or a part shareholder where for example they own 30% of the shares. But what happens when a...
Feb 2, 2017 | Insolvency Law
Insolvency is the state of being unable to pay the money owed, by a person or company, on time. To be sequestrated means that your assets are sold in order to pay your debt. Under current South African Insolvency Law, a person can be sequestrated either voluntarily or...
