Every South African company is legally obliged to keep minutes of meetings of the board and any of its committees and which include any declaration of personal financial interests made a director and resolutions/decisions which are adopted/taken by its directors.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...