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Commercial Law
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DISTRIBUTIONS AS A SHAREHOLDER

If you are a shareholder and are either directly or indirectly impacted by distributions being made within the Company, this article will help you understand the basic concepts, requirements, and consequences of Distributions as a Shareholders

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Commercial Law
info@asinghattorneys.co.za

REMOVAL OF DIRECTORS IN TERMS THE COMPANIES ACT

The legislative framework surrounding the removal of Directors from a Company is governed by Section 71 of the Companies Act, 71 of 2008 (“the Act”). However, removing Directors can also be catered for in the Memorandum of Incorporation of the Company or its Rules.

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Commercial Law
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Understanding distributions as a shareholder

In today’s article, I will elucidate in plain language the concept of a Distribution in terms of Section 46 of the Companies Act (71 of 2008) (“the Act”)along with a few salient points that derive from it.

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