Company / Corporate / Compliance, Employment and Labour Law
“…the default position is that an executive director or a senior employee may not carry on business activities which fall within the scope of his company’s business during the time when he serves as director or works as employee. The default position however changes...
Company / Corporate / Compliance, Employment and Labour Law
“…the default position is that an executive director or a senior employee may not carry on business activities which fall within the scope of his company’s business during the time when he serves as director or works as employee. The default position however...
Company / Corporate / Compliance
The CIPC (Companies and Intellectual Property Commission) has announced that its new “compliance checklist” requirement, voluntary until now, becomes mandatory for all companies and close corporations from 1 January 2020. You must complete the checklist...
Company / Corporate / Compliance, Insolvency / Liquidation
“Family quarrels are bitter things. They don’t go according to any rules” (F. Scott Fitzgerald) A company’s directors have both the power and the duty to manage the company’s affairs for its benefit. When two or more directors are in place, it’s perhaps natural...
Company / Corporate / Compliance, Insolvency / Liquidation, Litigation
“Some people use one-half their ingenuity to get into debt, and the other half to avoid paying it” (George Prentice, newspaper editor and author) You are owed a lot of money by a company that goes into business rescue. The business rescue plan provides for creditors...
Business, Company / Corporate / Compliance
“A company must keep minutes of the meetings of the board, and any of its committees…” (Extract from the Companies Act) Steinhoff and other high profile corporate scandals both here and overseas highlight the need for directors to ensure that their board and committee...
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