Introduction On 21 September 2023 I wrote an article titled “Term sheets in commercial transactions”. It was an introductory article in which I explained what a term sheet is. I
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Many times, businesspeople without adequate funding seek loans from financial institutions, friends or relatives.
Introduction Last week on 3 August 2023, I wrote an article titled “Private company pre and post formation formalities”. I received positive feedback from any readers. Some asked me to
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.
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
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provided by for the Companies and Other Business Entities Act (Chapter 24:31), the “COBE Act” or “Act” of 2020 which repealed
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.
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
Introduction I have previously written articles on shareholder meetings covering both Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs). In my article of 20 January 2023 titled “Agenda for
Introduction I have written many articles on corporate rescue proceedings before. I have explained that corporate rescue is also known by other terms such as business rescue, judicial management, corporate
