We can help you to review your documents to ensure that they comply (or are inline) with the new Companies Act 2008. The new Companies Act commenced on 1 May 2011 and replaced the old Companies Act 1973. It was a radical overhaul of company law in South Africa. It changed all the laws and documents (like the memo and articles) that regulated companies.
Documents are out-of-date
It also means that many documents (like agreements, forms, and terms and conditions) are, as of 1 May 2011, out-of-date. Here is a list of some of the documents that are affected.
- The Memorandum of Incorporation (both the short and long form)
- Shareholders Agreements
- Appointment of Directors
- Resolutions (both shareholders and directors)
- Powers of Attorney
- Written consents
- CIPC forms
- Employment contracts for directors
Sometimes the changes are minimal, like changing “Companies Act 1973” to “Companies Act 2008”. But sometimes documents (like a Shareholders Agreement template) has to be totally redrafted.
Attention to detail is very important. There are often subtle changes that can only be seen by an expert eye. A thorough understanding of the new Companies Act is also required. An experienced and practical grasp of plain legal language is also very important.
If you are interested, please complete the form on the right or enquire now. We will contact you to find out more about your requirements and give you a quote.
How you benefit
- Comply with the law
- Avoid disputes and litigation over outdated documents
- Protect your reputation
- Keep up with competitors
Who is it for?
Any organisation that has a lot of template documents that deal with (or are subject to) the Companies Act 2008.