Yearly Archive: 2014

The difference between a General and Special Power of Attorney

Special Power of attorney: enable an agent/authorised person to attend to a specific act only. General Power of attorney: enables an agent/authorised person to attend to a variety of different acts. Generally it is comprised of various clauses enabling a variety…
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Conveyancing: Very Basics of the Sectional Titles Act

The Sectional Titles Act (“the Act”) allows registration of title to a building or parts of it. The Act makes provision for dividing buildings into sections together with common property and exclusive use areas. It also makes provision for the transfer…
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Is your company safeguarded by its Memorandum of Incorporation (“MOI”)

The New Companies Act, which is referred to in this article as “the Act”, now makes provision for a single constitutive document for companies. Under the old act there were two constitutive documents namely the Memorandum of Association and the…
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The status of shareholders agreements under the new Companies Act (71 of 2008)

The Companies Act states that the shareholders of a company may enter into any agreement with one another concerning any matter relating to the company. A shareholders agreement (SHA) has to be consistent with the Companies Act and with the…
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Curator Bonis- Managing the financial affairs of someone who is unable to do so

A Curator Bonis is a legal representative who applies to a court to manage the financial affairs of someone who is unable to do so themselves due to mental or physical incapacity (hereinafter referred to as 'the patient'). One must note that our…
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