Allotment Of Shares and Share Transfers

An investor becomes a shareholder or member in a company normally through share allotment or share transfer.  Section 95 of the Companies and Other Business Entities Act (Chapter 24:31) or

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Shares And Share Certificates 

This articles deals with a company’s shares and share certificates to comply with the new Companies and Other Business Entities Act (Chapter 24:31) or (“the Act”) which replaced the Companies

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Shareholders And Directors in a Company 

This articles seeks to explain a seemingly simple area which however is not understood by many people. With respect, many people tend to confuse the role and rights of directors

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Company Annual Returns 

Many companies, especially private companies are in default as regards the preparation and filing of annual returns.  This article seeks to give insights into the filing of annual returns based

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Gold Buying as Agent of Fidelity Printers and Refiners 

In discussing business opportunities more often than not people discuss business lines that generate foreign currency. Mining features prominently especially gold mining as well as gold buying and selling. This

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Tips On Business Valuations 

Businesses are valued to address acquisitions, mergers, shareholding disputes, divorce litigation, admission of new partners, estate administration, etc. Business valuation is judgemental and can be complex. The estimated values can

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Sharing Of Financial Gains or Losses in Deals 

Deals  A deal, in simple terms, can be described as an agreement entered into by two or more people or parties establishing a business arrangement for mutual financial gain. Such

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Length Of Notice for Calling Shareholder Meetings. 

Types of shareholder meetings  Members, commonly known as shareholders, of a company meet through what are called general meetings. During such meetings the directors report to the shareholders and resolutions

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Protection Of Minority Shareholders 

Minority shareholders may be prejudiced by majority shareholders due to lack of voice. The Companies and Other Entities Act (Chapter 24:31), (“the Act”), provides for the protection of minority shareholders

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Annual General Meetings and Extraordinary General Meetings 

Shareholders  A company’s shareholders or members are the owners of the business. They appoint directors, also called the board of directors. The board plays an oversight role by, inter alia,

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