by admin | Aug 15, 2018 | Corporate Law
Description of Companies in Terms of The New Companies Act 71 of 2008 By: Allen West, Deeds Training PRETORIA Introduction The new Companies Act 71 of 2008 (the Act) came into operation on 1 May 2012 and had inter alia a huge impact on the description of...
by admin | Mar 9, 2018 | Corporate Law, Property Law
Retention of Deposit on Breach of Contract Often one is confronted with non-refundable deposits in offers to purchase of immovable property. In the same vein, most deeds of sale contain breach clauses worded that, in the event of a contractual breach on the part of...
by admin | Oct 17, 2017 | Corporate Law, Property Law
When is a body corporate of a sectional title scheme established? INTRODUCTION Section 2 of the Sectional Titles Management Act (the Act) provides that with effect from the date on which any person other than the developer becomes an owner of a unit in a...
by admin | Sep 21, 2017 | Corporate Law
Anonymous and Commanditarian Partnerships By: Allen West An anonymous (or sleeping) partnership is created where parties agree to share the profits of a business which is to be carried on by one or more of the partners in his or their name, while the partners whose...
by admin | Sep 7, 2017 | Corporate Law, Property Law
Transfer of Deceased Member’s Interest in a Close Corporation By: Allen West Where a member of a close corporation dies and provides in his or her will that his or her interest in a Close Corporation must devolve upon one or more of his or her heirs, the...
