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Monthly Archives: September 2016
Removing directors of a company
The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the … Continue reading
Posted in Company
Tagged Companies Act, Directors, Shareholders
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Financial assistance to directors
A company lending money to its directors may not be as simple a process as it may initially appear to be – not even in the case of so-called “one-man” companies. There are various requirements in the Companies Act, 71 … Continue reading
Posted in Tax
Tagged Companies Act, Financial assistance, Income Tax Act
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