Tag Archives | shareholders agreement
Recent Articles
- Why your Company needs a new customised Shareholders’ Agreement to protect the Company and its Shareholders
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- New Association Agreement for Close Corporations
- Public Benefit Organisations and the Requirements of the Income Tax Act
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Why your Company needs a new customised Shareholders’ Agreement to protect the Company and its Shareholders
A Company's Shareholders' Agreement that is not drafted in line with its own Memorandum of Incorporation and the Companies Act, No 71 of 2008 is void to the extent of the inconsistency. Such a Shareholders' Agreement is unenforceable between the Company and the Shareholders, and between the Shareholders themselves. Section 15(7) of the Companies Act, [...]