Introduction There are different types of meetings held by or in a company from time to time. These meetings are explained below. Shareholders meetings Shareholders or owners of a company
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Independent external auditors Independent external auditors are engaged to audit an entity’s books of accounts and express an opinion on whether the audited financial statements fairly present, in all material
Corporate Rescue Corporate rescue is also known by other terms such as business rescue or judicial management. According to Section 121 of the Insolvency Act (Chapter 6:07) (hereinafter “the Act”)
An investor becomes a shareholder or member in a company normally through share allotment or share transfer. Section 95 of the Companies and Other Business Entities Act (Chapter 24:31) or
This articles deals with a company’s shares and share certificates to comply with the new Companies and Other Business Entities Act (Chapter 24:31) or (“the Act”) which replaced the Companies
This articles seeks to explain a seemingly simple area which however is not understood by many people. With respect, many people tend to confuse the role and rights of directors
Types of shareholder meetings Members, commonly known as shareholders, of a company meet through what are called general meetings. During such meetings the directors report to the shareholders and resolutions
Origins of shareholder disputes Disputes by co-shareholders in a business or partners in a partnership or joint venture are common. Differences by shareholders, if not resolved on time, may degenerate
Every year end there is anxiety when the Minister of Finance presents the national budget proposal in Parliament for the following or ensuing year. If approved this budget proposal becomes
Joint venture In a joint venture (“JV”) two or more parties, usually investors or existing businesses, join hands for purposes of carrying a business for mutual benefit. A joint venture
