Do I need to register for Workmen’s Compensation?

All employers who employ one or more workers in connection with their business or farming activities are required to register with the Compensation Fund. WHO IS AN EMPLOYER? All persons who employ one or more employees, in connection with their business or farming activities, organisation/ association / trust are “employers” in terms of the Compensation for […]

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Promotion of Access to Information Act (PAIA) Manuals MUST be submitted by December!

The Promotion of Access to Information Act (PAIA) requires that all public and private bodies compile a Section 51 Manual, a signed copy of which must be submitted to the South African Human Rights Commission (SAHRC) by 31 December 2015.   Failure to comply with the legislation could result in administrative penalties being levied. In terms […]

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Why Should I Keep My Share Register?

I’ve recently had several people tell me that they struggle to get their clients to bother keeping their company secretarial records.  So what can you say to get your clients to change their mind?  How about telling them they could face a fine of up to a million rand, and even have their directors sent to jail? […]

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Application of Section 22, Companies Act 71 of 2008 on Close Corporations

The CIPC have issued a guidance note on the application of Section 22, Companies Act 71 of 2008 on Close Corporations.

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Regulations for Reserving a Name or Changing the Name of an Entity

Article written by:  Jaclyn Ross | Company Secretarial Assistant and Personal Assistant | MD Accountants & Auditors Inc. There are four different options to register a name for an entity, these include:  1.  Changing the name with the CIPC 2.  Registering a Trademark 3.  Reserving a Defensive Name 4.  Trading-As Common Law Right Changing the name with the […]

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Disclosure of Directors’ remuneration in private companies

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Notice to Companies and Close Corporations from the CIPC

Final deregistration of companies and close corporations referred for deregistration due to noncompliance with annual returns during January 2013 – please click here to read the article.

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Notification to Directors

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Trade Unions Rights Under the Companies Act, 2008

The Companies Act has provided for significant rights to be given to Trade Unions under certain circumstances. An example of this would be detailed in Section 20(4) where the Act empowers any trade union to approach the High Court for an order restraining an employer from doing anything inconsistent with the Companies Act. Section 45(5) […]

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Removal of a Director under the Companies Act, 2008

Imagine you are a shareholder in a company with two directors. All that stands between you and an important sale of shares transaction is a resolution by the board authorising the transfer of the shares, but one director has disappeared. Despite sending him notices, he does not attend board meetings, written resolutions are similarly ignored, […]

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