by Sean Slabber | 8 Nov, 2022 | News
Article by Dhahini Naidu The Companies Act No. 71 of 2008 (“the 2008 Act”) reproduces a change from the standard of preserving the capital structure, to preserving the solvency and liquidity test, in comparison to its predecessor the Companies Act No. 61 of 1973 (“the...
by Sean Slabber | 31 Jan, 2022 | News
Section 45 of the Companies Act 71 of 2008 (“the Act”) is headed “Loans or Other Financial Assistance to Directors”. Despite the misleading heading of this section, it creates not only a mechanism for the provision of financial assistance by a...
