Beneficial Ownership versus Beneficial Interest – Why It Matters
In today’s regulatory environment, understanding the distinction between beneficial ownership and beneficial interest is crucial, especially for businesses, investors, and legal professionals navigating compliance with South African laws like the Financial...
Unpacking Some Thoughts Around Share Buy Backs
A share buyback transaction is utilised when a company purchases its shares from shareholders. This is in contrast with a sale between shareholders. The shareholder’s agreement governs the sale of a private company’s shares. In most instances, several...
“Your Time is Up”
Introduction The Companies Act, 71 of 2008 (the “Act”) places a fiduciary duty on all company directors. Therefore, directors are responsible for acting in good faith, exercising reasonable care, skill and diligence and working in the company’s best...
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