Introduction I was recently asked by a reader to explain in very simple terms what interpleader proceedings in the Magistrate’s Court are.  I gladly do so hereunder. Definition of interpleader

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Introduction Many professionals perform commercial assignments or mandates for their clients in exchange for professional fees. It is advisable for such professionals to sign mandate letters or forms with their

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Introduction The Finance (No.2) Act of 2024 (“Finance Act”) which was enacted after presentation of the 2025 national budget at the end of 2024 by the Minister of Finance Professional

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Closing Notice and Agreement When Purchasing Businesses

Introduction  Mergers and acquisitions or acquisitions or disposals of businesses, particularly companies, are common as investors look for the dollar. In this article I share with you some documents used

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Financial Considerations When Selling Properties 

Introduction  Selling of properties by property holders occurs regularly as evidenced by activity in the real estate sector. There are important financial considerations to look at when making the decision

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Payment Of Liquidation Costs and Creditors 

Introduction  I have explained in my previous articles that liquidation involves the winding up of a company. In other words after the liquidation the business ceases to exist. In this

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Factors Affecting Valuation of Shares or Businesses 

Introduction  I have previously written many articles on valuation of shares or businesses. Valuation of shares or businesses is not scientific. It is subjective and involves making assumptions and judgements.

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About Shares in a Private Company 

Introduction  Businesses are carried out through different forms of arrangements such as sole trader, partnerships, private business corporations (“PBC”), private companies or public companies. In the case of companies the

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Capital Gains Tax Clearance Certificate 

Introduction  During the transfer of immovable property from the seller to the purchaser a number of documents are required by the Deeds office. These include the those listed below.  In

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Constitution Of an Association 

Introduction  The registration of associations to promote common interests of certain groups of people or organisations is common. In this article I look at a constitution of an association as

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