Introduction It is trite that a company with limited liability is an entity separate and distinct from its shareholders or directors. The distinct corporate personality of a company has far-reaching…
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The Supreme Court of Appeal (SCA) in Armitage NO v Valencia Holdings 13 (Pty) Ltd and Others (638/2022) [2023] ZASCA 157 considered an appeal from the full court of the…
Virtual currencies, particularly cryptographically secured ones, may be the wave of the future for payment systems. Left unchecked, however, and the decentralised and disintermediated nature of these digital assets pose…
WHAT RIGHT OF RECOURSE EXISTS FOR CREDITORS WANTING TO RECOVER THEIR MONIES FROM A COMPANY THAT HAS BEEN DEREGISTERED IN TERMS OF SECTION 82(3)(B)(II) OF THE COMPANIES ACT NO. 71…
Facts Driven by allegations that former President Jacob Zuma (Zuma) had failed to disclose income sources and evaded tax during his presidency, Mr Warren Thompson (Thompson), a financial journalist employed…
Introduction In Part 1 of this Three-Part Series, we focused on proposed amendments to the Companies Act, 2008, by the Companies Act Amendment Bill, 2021 (the “Amendment Bill”) that will…
Introduction In Part 1 of this three-part series, we focused on the proposed amendments by the Companies Act Amendment Bill, 2021 (“the Amendment Bill”) that seek to amend various sections…
What is a crypto asset? A crypto asset, formally known as “cryptocurrency,“ is a digital representation of value or a contractual right that is not issued by a central bank…
On 1 October 2021, the Minister of Trade, Industry and Competition, Ebrahim Patel, published the Companies Act Amendment Bill, 2021 (“the Amendment Bill”). The Amendment Bill seeks to amend certain…
It is often said that there are only two things in life that are certain: death and taxes. The accuracy of this position extends beyond just our universal realm and…
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