Articles by NEA Inc.

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Filter: Companies Act
Should you bother with a shareholders’ agreement?

19 May 2022

You’ve decided to set up a company or have had a company for a while but have never gotten so... far as to have a shareholders’ agreement drawn up for the company shareholders. You’ve wondered if it’s necessary or even what the point of a shareholders’ agreement is. In this article we briefly explain the purpose of these company documents and how they relate to each other.

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262
Article
When must a director disclose a financial interest?

08 February 2022

Being a director in a company does not necessarily stop you from holding shares in other companies. However, should your... company transact with another company in which you have a shareholding stake and from which you could potentially benefit, it becomes important that you disclose such financial interest to your co-directors, even if you can’t influence the transaction.

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308
Article
Companies Act Amendment Bill – less red tape or more?

14 December 2021

I understand there are amendments being proposed to the Companies Act? Will this help make life easier or harder for... our company? It feels as if there is always just more red tape whenever the law changes.

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322
Article
How long is a proxy valid for?

14 September 2021

I was recently appointed as a proxy to represent a shareholder at an upcoming shareholders meeting. Unfortunately, the meeting has... been rescheduled two months later, and I was wondering if the proxy will still be valid then or would I need to have a new proxy issued by the shareholder for the meeting?

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245
Article
Proposed amendments to the Companies Act

09 November 2018

Over the past few years I’ve come to understand what the Companies Act 71 of 2008 requires of me to... manage my business legally and effectively. With talk of more amendments on the way, what should I be preparing for?

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201
Article

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