NCA and Sec 44(3) SA Companies Act 2008Priyesh ModiJul 20, 20211 min readMake sure that you comply, where necessary, with both the NCA and Sec 44(3) of the South African Companies Act 2008 whenever the company makes a loan.
PledgeIn South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Delegation of AuthorityDirectors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
Suretyships and GuaranteesIn South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...