Companies Act

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Difference between Member and Shareholder

Many people ask us about the difference between member and shareholder. They are similar but distinct, and it is important to know how they differ. Difference between member and shareholder The term "member" has different meanings in different contexts. In a non-profit company, a member is [...]

By | 2017-03-30T13:21:55+00:00 October 15th, 2015|Categories: Company Law|Tags: , |

Amend your Memorandum of Incorporation or not?

The new Companies Act of 2008 requires every South African company's Memorandum of Incorporation (MOI) to comply with the Act. The law asked that you amend your memorandum of incorporation by 30th April 2013. Many people are worried because they did not do [...]

By | 2016-08-15T12:08:33+00:00 April 15th, 2013|Categories: Company Law|Tags: , , |

What is a MOI or Memorandum of Incorporation?

A lot of people want to know: what is a MOI? The term "MOI" is an abbreviation for “Memorandum of Incorporation”. It is a document that sets out the rights, duties and responsibilities of shareholders, directors and other persons involved [...]

By | 2017-03-30T13:22:15+00:00 August 15th, 2012|Categories: Company Law|Tags: , , |

Shareholders Agreements and the new Companies Act

Companies with shareholders agreements from before 1 May 2011 to regulate the relationship between their shareholders, are probably wondering how the new Companies Act will impact on them. Before 1 May 2013, the new Companies Act is not going to have [...]

By | 2016-09-14T11:01:35+00:00 May 1st, 2011|Categories: Company Law|Tags: , |