Obligations in terms of the Companies Act No. 71 of 2008 when “financially distressed”
The Companies Act No. 71 of 2008 (“Act”) entails fewer criminal offences, but there is a greater risk of personal liability arising from actions which contravene the Memorandum of Incorporation (MOI) of a company or the provisions of the Act. The Act further states...
Franchise or “similar” agreements and the Consumer Protection Act No. 68 of 2008
In terms of the Consumer Protection Act No. 68 of 2008 (“Act”), a franchise agreement is defined as: “An agreement between two parties, being the franchisor and the franchisee, respectively- a) in which, for consideration paid, or to be paid, by the...
The right to return Goods in terms of the Consumer Protection Act No. 69 of 2008
In terms of the Consumer Protection Act No. 68 of 2008 (“Act”) a Consumer may request/ be entitled to: a refund; return purchased goods; be entitled to have goods repaired; and/or have the goods replaced. CONSUMER’S RIGHT TO RETURN GOODS (GENERAL)...