Section 45 of the Companies Act, 2008 , does not expressly define financial assistance but rather sets out a list of what financial assistance is which includes lending money, guaranteeing any debt or obligation, but has a...more
The guidance set out in this document is provided for the benefit of UK directors in order to address certain potential insolvency-related risks which may arise as a result of the challenging circumstances affecting many...more
Several of the contemplated changes may improve South Africa's business climate - The operation of South African companies is regulated by the Companies Act of 2008 (the Companies Act), which replaced the Companies Act of...more