Shareholders’ right to company information
The shareholders of a profit company, has a right, in accordance with section 26 of the Companies Act, Act 71 of 2008 (hereinafter the “Act”) to inspect and copy, without any charge, the information contained in the following records of the company: the company’s Memorandum
Removal of directors without reason
Section 71 of the Companies Act, 2008 (herein the “Act“) allows for shareholders to vote on the removal of a director. Despite anything to the contrary in a company’s Memorandum of Incorporation or rules, or any agreement between a company and a director, or between any sha
Power of Attorney: Can it lapse?
It is a general principle in our law that no person may act on behalf of another, unless he has the necessary authority to do so. Such authorisation is commonly referred to as a Power of Attorney. A Power of Attorney is a legal document, whereby an individual (the principal) who
Shareholders’ right to company information
The shareholders of a profit company, has a right, in accordance with section 26 of the Companies Act, Act 71 of 2008 (hereinafter the “Act”) to inspect and copy, without any charge, the information contained in the following records of the company: the company’s Me
Power of Attorney: Can it lapse?
It is a general principle in our law that no person may act on behalf of another, unless he has the necessary authority to do so. Such authorisation is commonly referred to as a Power of Attorney. A Power of Attorney is a legal document, whereby an individual (the principal) who
Removal of directors without reason
Section 71 of the Companies Act, 2008 (herein the “Act“) allows for shareholders to vote on the removal of a director. Despite anything to the contrary in a company’s Memorandum of Incorporation or rules, or any agreement between a company and a director, or between
No good deed goes unpunished: Writing off debts
In the current tragic economic climate of South Africa, largely due to the recent COVID-19 outbreak, various corporates and businesses are facing the likelihood of corporate insolvency and the effects of large debt overhangs. For many group companies, this may have resulted in in
Property Practitioners: To BEE or not to BEE
On the 01st of February 2022, the Estate Agency Affairs Act, Act 112 of 1976 was, in its entirety repealed by the new Property Practitioners Act, Act 22 of 2019 (herein the ”PPA”). The aim of the PPA is to bring about transformation within the property sector. The PPA
Adaptability is vital!
Dear Client As we all know, adaptability is vital in an increasingly complex business environment. That’s why Delport van den Berg Inc is now known as Delberg Attorneys. As we head to our 20th anniversary, our simplified new visual and verbal brand identity reflects our vision