Tag Archives: Shares

The death of a shareholder: what happens next?

A shareholder can be defined as a person, whether natural or juristic, who owns shares or stock in a company. A person can be a sole proprietor or owner of 100% of the shares, or a part shareholder where for … Continue reading

Posted in Estate Planning, Trusts, Will | Tagged , , | Comments Off on The death of a shareholder: what happens next?

FINANCIAL ASSISTANCE BY COMPANIES TO ISSUE SHARES

Section 38 of the Companies Act, 61 of 1973 (now repealed) contained a prohibition against companies issuing shares to prospective shareholders on loan account. This was identified as one of the hurdles in the way of BEE empowerment deals specifically … Continue reading

Posted in Finance | Tagged , , | Comments Off on FINANCIAL ASSISTANCE BY COMPANIES TO ISSUE SHARES