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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Affected Persons in Corporate Rescue Proceedings

According to the Act corporate rescue proceedings are meant to facilitate the rehabilitation of a company that is financially distressed. This will benefit affected persons who include the company’s creditors. 

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ZIMRA Interviews for Capital Gains Tax on Immovable Properties. 

Transactions involving the sale and purchase of immovable properties are quite common. At the end of the transaction a purchaser expects to get a deed of transfer (“title deed”) on the property in his or her name. 

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Capital Gains Tax on Business Acquisitions 

Introduction  On 16 February 2023 I wrote an article titled “Understanding capital gains tax”. I explained capital gains tax (“CGT”) in general. In the current article I look at CGT

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General Powers and Duties of Corporate Rescue Practitioners 

Introduction  As explained in my previous articles corporate rescue in Zimbabwe is known by other terms such as business rescue or in the past as judicial management. The proceedings are

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Agenda For A Board Meeting 

Every day there are people who are elevated to attend company board meetings in different capacities. Some attend as directors or company secretaries yet others attend by invitation for example senior managers who are not directors.

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2023 Strategic Plans and Annual Budgets 

At the beginning of each year, it is traditional and necessary to have up to date strategic plans and annual budgets. In this article I make reference to the 2023 strategic plans and annual budgets. 

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Companies Act on Conflict of Interest 

Introduction  One cannot talk of good corporate governance and overlook conflict of interest, especially the need to avoid it or its full disclosure. In this article I look at what

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Using Proxies in Company Shareholder Meetings 

Introduction  Introduction  The use proxies at company annual general meetings (AGMs) or extraordinary general meetings (EGMs) is common practice in corporates. In this article I look at the law as

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Competition Act on Restrictive Practices

Introduction  In my previous article of 8 September 2022 titled “Competition Act and implications on mergers and acquisitions” I covered how the Competition Act (Chapter 14:28) (“the Competition Act” or

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