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Doing business in South Africa
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- April 19 2013
South Africa is one of the world's youngest and most progressive democracies, a multi-faceted country with its diverse cultures and languages. It is
Instances where an en commandite partner may lose its limited liability protection
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- April 17 2013
An en commandite partnership is created when parties agree to carry on the partnership in the name of one or some of the partners, while the partners
Applicability of sections 44, 45 and 46 of the Companies Act, 2008
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- April 17 2013
Lenders often ask which of s44, 45 and 46 of the Companies Act, No. 71 of 2008 (Companies Act) are applicable in particular circumstances. The
The cession of shares as security for a debt does not constitute an 'affected transaction'
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- April 17 2013
In a recent funding transaction, where one of the lenders was also an existing shareholder of the borrower, we had to consider whether the takeover
SABC - effective corporate governance framework for state owned enterprises is key
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- March 20 2013
The en-masse resignation of the board members of the SABC this week once again highlights concerns over the effective corporate governance of state
Piercing the corporate veil has been extended
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- March 15 2013
The recognition of a company as a separate juristic person, liable for its own tax (or other) debts, is an important principle relied on by taxpayers
The effects of deregistration on prescription
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- March 13 2013
In the matter of Village Freezer ta Ashmel Spar v CA Focus CC 2012 (6) SA 80 (ECG), the respondent close corporation issued a summons against the
Cross issue of shares
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- February 27 2013
Section 24B of the Act was initially introduced to deal with the acquisition of assets through the issue of shares. Pursuant to the judgment of CIR v
The distribution of shares in an unbundling transaction - Binding Class Ruling 37
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- February 15 2013
BCR 37, dated 23 January 2013, dealt with the question of whether the transfer of equity shares in an unbundling transaction will be exempt from
Compliance and MOI requirements for private companies with issued debt instruments
- DLA Cliffe Dekker Hofmeyr
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- South Africa
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- January 23 2013
In our September 2012 Alert, we dealt with the imminent deadline for companies to harmonise their company constitutional documents to comply with the
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