WebWestern Cape Government Webto repeal the Companies Act, 1973 (Act No. 61 of 1973), and make amendments to the Close Corporations Act, 1984 (Act No. 69 of 1984), as necessary to provide for a …
Here be dragons … compromises with creditors under the new Companies Act
WebJan 1, 2006 · CASES/VONNISSE 403 SECTIONS 417 AND 418 OF THE COMPANIES ACT 61 OF 1973 - RELEVANCE PREVAILING OVER THE RIGHT TO PRIVACY Gumede v Subel NO … WebCompanies Act, 1973, (Act No. 61 of 1973) 1. Definitions; I : Application of Act. 2. General application of Act and preservation of rights of existing companies; 3. Restricted … hatch maker autocad
COMPANIES ACT NO. OF 1973 - Wylie
WebMar 17, 2024 · For this reason our legislature has made provision for private insolvency enquiries to be conducted. Insolvency enquiries are still conducted in terms of the old Companies Act 61 of 1973 and regulated under section 417, read with section 418 of the Act. Section 417 sets out the powers of the Master or a court to convene an enquiry and … WebIf the occupier is a Company registered in term of the Companies Act, 1973, Act no 61 of 1973, the Directors of such Company shall agree to be jointly and severally liable for … WebMar 9, 2016 · Section 424(1) of the Companies Act, No 61 of 1973 entitles the court, on application, to declare a party personally liable for a company’s debt where it is found that such party had conducted the business of the company in a reckless or fraudulent manner. hatch magnet