Private Company Pre and Post Formation Formalities

In addition to the Companies and Other Business Entities Act (Chapter 24:31), (“the COBE Act” or “the Act”) one needs to be familiar with the Statutory Instrument 46 of 2020 on Companies and Other Business Entities  (Pre – Formation and Post – Formation Formalities) Regulations, 2020 (“the regulations”) to understand pre-formation steps and post- formation formalities for private companies. This is quite important in business. 

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Arbitration On Valuation of Company Shares 

Introduction  I have written many articles on the valuation of companies and shares in the past. In this article I look at commercial disputes involving or requiring the valuation of

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Inspection And Use of Copy Company Documents 

Introduction  This article covers the following areas which are provided by for the Companies and Other Business Entities Act (Chapter 24:31), the “COBE Act” or “Act” of 2020 which repealed

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Understanding Legal Opinions 

The use of legal opinions is very common. It is standard practice for clients to ask their legal practitioners to write to them expressing an expert legal opinion on a certain legal issue or matter.

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Power Of Attorney Vs Board Resolution

I have been requested to explain the difference between a power of attorney and a board resolution. These documents are used widely in business or ordinary day life.

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Selling A Property Owned by a Company 

Introduction  It is common to find an immovable property such as a residential, commercial or industrial property registered in the name of a company. There are different ways through which

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General Versus Special Powers of Attorney 

Introduction  In this article I explain the two types of powers of attorney.  A power of attorney is a legal document that authorizes another person, called an agent, to act

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Duration Of Company Corporate Rescue Proceedings 

Introduction  From time to time, I receive inquiries on what the law says on the duration of corporate rescue proceedings. This comes from shareholders whose companies will be under or

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Debt Recovery – Insufficient Documentation 

In this article I give some advice on how to handle debt recovery where there is insufficient or no documentation or evidence. 

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Deed Of Settlement at Law 

Introduction  A Deed of Settlement (called “Deed” in this article) is a document widely used by parties in a legal dispute or litigation to resolve their dispute. The Deed is

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