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...
Jan 31, 2023 | Corporate and Commercial Law
The Companies Act 71 of 2008, also known as the Companies Act, is a legal framework that governs the operation and management of companies in South Africa. One of the key sections of this act is Section 75, which deals with the duties and responsibilities of directors...
Aug 25, 2022 | Corporate and Commercial Law
One of the best ways for shareholders to protect their interests is to enter into a shareholders agreement. Such an agreement sets out the rights and obligations of each shareholder in detail. These agreements also include information and guidelines regarding the...
Aug 4, 2021 | Corporate and Commercial Law
The Protection of Personal Information Act (POPIA) provides for conditions that businesses need to follow in order to process personal information lawfully. The purpose of the Act is to ensure that personal information is secure, and protect individuals against...
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...
