Articles
NEWS ITEM
The impact of Res Judicata in litigation proceedings
The litigation procedure has often been found to be a strenuous one, more so when an individual attempts to clear his/her name or is being charged with the same crime or is a defendant in a matter with the same issue. Most individuals will then ask themselves whether...
Wills, Trusts and Estates: The Importance of reviewing a trust
Despite the skepticism with which they are viewed by SARS and the ever-tightening regulatory environment, trusts remain invaluable tools in estate planning. Especially if they are setup to serve a well-planned and predefined purpose. Another misconception, is that...
The Star – Data security should be top priority for all businesses
Read our feature in The Star Newspaper, published on 9 June 2017.
Understanding “Skills Development” for BBBEE purposes
Understanding Skills Development is no longer only a nice-to-have, it is a necessity for all companies. Skills Development has always been regarded as an important pillar for economic success and stability, however, with practical issues, like a lack of access to...
Take note of the new Property Practitioners Bill
On 31 March 2017, the Department of Human Settlements has published the Property Practitioners Bill (hereinafter referred to as “the Bill”) in Government Gazette 40733 (Notice Number 246) for public comment. The Bill is designed to regulate property practitioners and...
Sale of Property: Compliance Certificates
When immovable property is in the process of being sold, there are certain compliance certificates that are necessary to obtain before the transfer can be registered. Some of these certificates are obligatory in terms of legislation, depending on the particulars of...
The Impact of the FICA Amendment Bill
The Financial Intelligence Centre Amendment Bill, commonly known as the FICA Bill was signed into law during April 2017. The FICA Bill brings about amendments to the Financial Intelligence Centre Act 38 of 2001 (“FICA”), which aims at combatting money laundering and...
The effect of a sale in execution for a deregistered close corporation
Immovable property has become a sought after asset in the debt recovery process. An applicant (the person who the money is owed to) may apply to the court for a Warrant of Execution (also called a Writ for short) after a judgment has been granted against the debtor to...
Proxy Representation – The Supreme Court of Appeal’s interpretation of Section 58(1) and 58(3)(C) of the Companies Act, 71 of 2008
As most practitioners are aware, especially those who deal with the drafting of Shareholders Agreements or even Memoranda of Incorporation, we usually insert quite a lengthy clause dealing specifically with proxies, their appointment, their right to vote, etc. I don’t...
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