Introduction I have been requested by some readers to explain the connection between corporate rescue proceedings and debt recovery. Put differently, the readers would like to understand how corporate rescue
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According to the Act corporate rescue proceedings are meant to facilitate the rehabilitation of a company that is financially distressed. This will benefit affected persons who include the company’s creditors.
Transactions involving the sale and purchase of immovable properties are quite common. At the end of the transaction a purchaser expects to get a deed of transfer (“title deed”) on the property in his or her name.
Introduction On 16 February 2023 I wrote an article titled “Understanding capital gains tax”. I explained capital gains tax (“CGT”) in general. In the current article I look at CGT
Introduction On 11 August 2022 I wrote an article titled “Managing deceased estates that own shares in companies”. In that article I pointed out that many times it happens that
Businesses face the risk of fraud, theft or both from employees or third parties. If one reads stories under Crimes and Courts it is common to read about actual or alleged offences of fraud and theft.
Introduction As explained in my previous articles corporate rescue in Zimbabwe is known by other terms such as business rescue or in the past as judicial management. The proceedings are
Introduction According to the Capital Gains Tax Act (Chapter 23:01), (“CGT Act” or “the Act”), as updated, capital gains tax (“CGT”) is a tax levied on the capital gain arising
Introduction Businesses and individual tax payers may be liable to pay certain taxes to ZIMRA. Common taxes include Pay As You Earn (PAYE), Value Added Tax (VAT), Capital Gains Tax
Introduction I have previously written articles on shareholder meetings covering both Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs). In my article of 20 January 2023 titled “Agenda for
