Tag Archives: Companies Act

Trustees: Your risks, roles & responsibilities

Over the past generation, greater onus has been placed on people in authority, such as directors and trustees. Much attention has been placed on directors following the new Companies Act which became effective in 2011. It is a good time … Continue reading

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Solvency and liquidity test under the Companies Act 2008

The concept of capital maintenance has recently been excluded in the new Companies Act. Instead, section 4 of the Companies Act of South Africa, No 71 of 2008 (the Act) requires directors to perform a solvency and liquidity test when engaging … Continue reading

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