High Court Ruling Clarifies when Post-Liquidation Payments can be Voided under Section 341(2)
A recent judgment in the High Court of South Africa (Cape Town) - Muller NO and Another v Cultigrain (Pty)…
Default Judgments and Courts’ Leniency
Obtaining a default judgment (DJ) can be a straightforward process when the defendant fails to defend or respond. However, recent…
Johannesburg High Court Launches Dedicated Insolvency Court
In an important development for businesses, creditors, and legal professionals across Gauteng, the Johannesburg High Court has introduced a pilot…
Can you ‘Waive’ Goodbye to Contractual Rights Without Realising it?
In the recent judgment in case of Phoenix Salt Industries (Pty) Ltd v The Lubavitch Foundation of Southern Africa, the…
The Binding Nature of Shareholders’ Decisions at Meetings
Shareholders' meetings are one of the crucial platforms for decision-making within a company. A clear understanding of the binding nature…
A Guide For Business Owners: Understanding Business Rescue In South Africa
Brief Overview Of Business Rescue In South Africa In South Africa, it is important for business owners and directors…
What is NCR Credit Registration, and Why is it Important in South Africa?
A Guide For Credit Providers. The National Credit Regulator (NCR) was established under Section 12 of the National Credit Act,…
Memorandum of Incorporation, Shareholders’ Agreement and Rules of a Company: The same orchestra but different instruments
The legal nature, status and role of the different regulating documents of a company. The Memorandum of Incorporation (“MOI”), Shareholders’…
ESOP trusts for private companies – heads you win, tails you win
An ESOP trust is an employee-share-ownership trust and is a mechanism that allows employees to buy or own shares in…
