King IV introduces various amendments and enhancements to its predecessor, the King III report on Corporate Governance for South Africa, 2009 (King III). It constitutes a positive step in South African corporate governance which aims to embrace a more practical […]
CORPORATE LAW
YOU MAY FACE CRIMINAL CHARGES FOR THE POSSESSION OF AN ILLEGAL FIREARM. In National Commissioner of Police and Another v Gun Owners of South Africa (561/2019) [2020] ZASCA 88, the Supreme Court of Appeal (SCA) overturned a 2018 Order of […]
The case of Café Chameleon CC v Guardrisk Insurance Company Ltd (5736/2020) [2020] ZAWCHC 65 (26 June 2020) – a small Café took on an Insurer for payment of losses incurred during the Lockdown period. This judgement, handed down by […]
Does my email signature constitute valid signature to a formal contract? The above question is governed (and answered) by the Electronic Communications and Transactions Act (“ECTA”) which was enacted in 2002. The ECTA makes provision for two distinct types of […]
DID YOU KNOW? Shares owned by a shareholder constitute an an asset in their estate. So when a shareholder dies, in the absence of any provisions to the contrary in a shareholders agreement, shares owned by a deceased shareholder will […]
DID YOU KNOW? A director of a company may in terms of the Companies Act be declared a delinquent director if certain prescribed criteria are met. What does this mean? The effect of an order of delinquency is that a […]