Korporatiewe Beheer: Die veilige bewaring van rekords
Die woord “rekords” word in Artikel 1 van die Maatskappywet No 71 van 2008 (“die Wet”), omskryf as enige inligting wat in Artikel 24 van die Wet beoog word. Artikel 24 van die Wet omskryf verskeie rekords wat deur ’n maatskappy gehou moet word, insluitend afskrifte van die maatskappy se Memorandum van Inkorporasie (“MOI”) asook […]
Can I avoid a drawn-out legal battle when I get divorced?
Normal procedure in an opposed divorce: Divorce proceedings can lead to a long, drawn-out and very expensive procedure if the parties are not able to reach a settlement before going to trial. Once the plaintiff issues a summons for divorce and the summons has been served on the defendant, the defendant has ten days to […]
What is a water use licences and what is it for?
According to The National Water Act 36 of 1998, owning land with any type of water resource does not give an automatic right to use the water. All water use is approved by the Department of Water and Sanitation by general authorization or by issuance of a licence to use the water upon application by […]
Statutêre vereistes vir ’n onafhanklike deskundige verslag in terme van artikel 114
In terme van die bepalings van artikel 48 van die Maatskappywet No. 71 van 2008 (“die Wet”) is dit moontlik dat ’n maatskappy aandele wat uitgereik is kan terugkoop van aandeelhouers. Hierdie terugkoop van aandeletransaksies moet egter aan spesifieke statutêre vereistes soos in die Wet uiteengesit, voldoen. Artikel 48(8)(b) van die Wet bepaal dat ’n […]
Korporatiewe Beheer – ’n Trust as ’n Lid van ’n Beslote Korporasie
Die Wet op Beslote Korporasies No 69 van 1984 (“die Wet”) het voorsiening gemaak vir die oprigting van beslote korporasies wat eenvoudige, gedereguleerde en buigsame entiteite met beperkte aanspreeklikheid is wat veral vir klein ondernemings geskik is. Hulle het eie regspersoonlikheid en geniet die voordele van ewigdurende opvolging. Die Maatskappywet No 71 van 2008, verbied […]
The role of a recognition agreement at the workplace
I have been approached by a trade union to enter into a Recognition Agreement with them. The trade union is of the opinion that it is entitled to be recognised at my business given that they represent a certain number of employees. Do I have to enter into discussions with the trade union? A trade […]
Protest: Your right and responsibilities
The right to protest is enshrined in the Bill of Rights under Section 17 and reads as follows: “Assembly, demonstration, picket and petition. Everyone has the right, peacefully and unarmed, to assemble, to demonstrate, to picket and to present petitions.” The important part of this right is that this right is awarded to “everybody”, not […]
Wat is ’n noulettenheidsondersoek en wat is die doel daarvan?
Dit is algemeen om die term “noulettenheidsondersoek” of due diligence (“DD”) te hoor tydens gesprekke wat gevoer word oor die moontlike koop, verkoop, samesmelting of amalgamasie van besighede, asook in gevalle waar ’n derde party dit oorweeg om in ’n besigheid te investeer. Ten spyte van die feit dat voornemende kopers, verkopers en/of beleggers bekend […]
Joint ownership: How do I terminate without the co-operation of the other joint owner?
Nature of joint ownership: Joint owners own undivided shares in the property which they own jointly. Consequently, the joint owners cannot divide the joint property while the joint ownership remains in existence, and a joint owner also cannot alienate the property or a part thereof without the consent of the other joint owner. The rights […]
Revenge porn on the rise: Legal recourse in South Africa
Introduction In the digital era we find ourselves in – with the web, social media, smartphones and the ‘screenshot’ – it has become much easier for people to engage in a phenomenon known as ‘revenge porn’. This term is defined by the Merriam-Webster Dictionary as “sexually explicit images of a person posted online without that […]