The Memorandum of Incorporation
What is interesting is that there is constantly more and more awareness on the provisions of the Companies Act No. 71 of 2008 (“Act”). The memorandum of incorporation (“MOI”) is the “new” constitutional document which regulates...
The Companies Act No. 71 of 2008 : Inter group loans – the saga continues
There has been a lot of debate on the application of the Companies Act on inter company loans. Section 45 of the Companies Act No. 71 of 2008 (“Act”) is the section which, inter alia, deals with inter company loans. We must admit that the title of section...
Beware!: What information and records must you keep in terms of the Companies Act No. 71 of 2008
Every Company must keep accurate and complete accounting records as required in terms of the Companies Act No. 71 of 2008 (“Act”). The records must be kept at, or be accessible from the registered office of the Company. The following types of accounting...