South African Companies Act, 2008Priyesh ModiMay 18, 20211 min readTake note that there is a move to amend the South African Companies Act, 2008 to provide for compulsory representation of employees on the board of companies. Watch this space!
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...