Archive | May, 2013

Lodgement Fees for Memorandums of Incorporation

What are the new CIPC lodgement fees for Memorandums of Incorporation now that the transitional period for companies is over? The rumour mill has been hard at work. Now that the CIPC transitional period for companies (Schedule 5) has ended there is talk of penalties being imposed on those companies lodging their Memorandums of Incorporation [...]

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Shareholders’ Agreement Launched

Shareholders' Agreement to be consistent with the Companies Act and a company's Memorandum of Incorporation  A Shareholders' Agreement is a private document that deals with all the issues relating to the shareholders of a company. Section 15(7) of the Companies Act, Act 71 of 2008, as amended, states that: Shareholders may enter into any matter [...]

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