Due Diligence When Buying Company Owned Property 

Introduction  Further to the previous articles I have written on due diligence when buying immovable properties this one focusses on due diligence when buying a property registered in the name

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Liquidation Approach to Valuation of Business  

Introduction  Following my article of Thursday, 5 May 2022 titled “Valuation of company shares for deceased estates” I received many inquiries from readers. I was requested to explain the liquidation

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Compromise Between Company and Its Creditors 

Introduction  The Insolvency Act (Chapter 6:07), or the Act provides for a compromise between a company and its creditors. Such a compromise provides financial relief to the company.  Compromise provided

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Legal Remedies for Aggrieved Shareholders, Piercing of the Corporate Veil

Introduction  Many a time I have come across some businesspeople complaining about situations where they are being disadvantaged, for example where minority shareholders are being overlooked in key decisions. In

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Passing And Registration of Company Special Resolutions

Introduction  This article addresses a very technical area in the governance of companies. Members or shareholders of companies hold annual general meetings (AGMs) or extraordinary general meetings (EGMs) at which

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Minimising Disputes In Owner Managed Jointly Owned Businesses 

Introduction  I have previously written about disputes in business focussing on shareholders and how to deal with such potential or actual disputes.  In this article I focus on how to

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Managing Risks When Transacting in Existing Shares 

Introduction  In my previous article of 13 January 2022 titled “Agreements for buying or selling existing shares” I explained the key provisions expected in such agreements. In this article I

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Recent Changes in Currency Laws

Introduction  In this article I provide a summary of the recent changes in currency laws in Zimbabwe. The article is highly summarized due to space considerations.  Summary of recent laws 

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Voluntary Versus Involuntary Corporate Rescue 

Corporate rescue in Zimbabwe is known by other terms such as business rescue or in the past as judicial management.

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Rights Of Auditors According to COBE Act 

Introduction  In my previous article of Thursday, 24 February 2022, titled “COBE Act on auditing” I explained key legal requirements on the audit report in terms of the Companies and

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