Registration and Administration of Companies - SchoemanLaw Inc

What is business rescue?

by Guest Author | Aug 17, 2019 | Commercial law, Publications, Registration and Administration of Companies

Introduction As businesses frequently encounter more and more financial difficulties, business rescue has become an increasingly more frequent occurrence. However, it is essential to understand the nature of business rescue and the implications thereof. This article...

Voluntary Associations and Non-Profit Companies-what are the differences?

by Guest Author | Dec 11, 2018 | Commercial law, Publications, Registration and Administration of Companies

Introduction What is the difference between a Non-Profit Company and a Voluntary Association? This article will explore what is formally required for both, and when may one be more suitable than the other. While both are not for profit entities, and at face value may...

South African Commercial law: Section 12J venture capital companies continued – Part 2

by Nicolene Schoeman-Louw | Mar 20, 2018 | Commercial law, Publications, Registration and Administration of Companies

Last month we unpacked what it means to be a registered Section 12 J Venture Capital Company or VCC in terms of South African Commercial law. We also unpacked the benefits for both Investors and Investees. In summary qualifying Investors will invest in VCC’s in...

Why every company needs a tailored Shareholders’ Agreement

by Guest Author | Jul 17, 2017 | Commercial law, Contract Drafting, Publications, Registration and Administration of Companies

A Shareholders’ Agreement is just that – an agreement between the shareholders of a company. This agreement is an invaluable resource for any business as it structures the relationship between the shareholders and provides the foundation for how they will interact...