Introduction Under insolvency practice it is common to find a company under either corporate rescue proceedings or in liquidation, in terms of the Insolvency Act (Chapter 6:07) or “the Act”).
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Introduction Transactions involving sale of second hand assets are quite common. Such second hand or used physical assets include movable and immovable assets. Movable assets include motor vehicles, plant and
Introduction I have received many inquiries on how a vacancy on a company’s board of directors may be filled in the event of the death of a director. I explain
Introduction I have previously written many articles on valuation of business or shares to assist investors and business executives. In this article I give insights into how a prospective investor
Introduction Many times I have been asked by clients to draft agreements for the sale or acquisition of shares. In many such instances by the time the parties to the
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
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
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
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
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
