The Companies Amendment Bill was published on 21 September 2018 for comment. The Bill proposes amendments to the Companies Act No. 71 of 2008.
Tel: 021 673 4700
Expertise: Litigation, Mergers Acquisitions
Andreas advises on all aspects of corporate and commercial law. He has experience in drafting various contracts and resolutions for commercial transactions and advises on the structuring of venture capital and private equity acquisitions. He specializes in advising on internal company group restructuring and BBBEE transactions. He also has experience in advising on commercial property and finance related transactions and the drafting of, among other things, shareholder and joint venture agreements to facilitate such transactions.
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Section 82(3) of the Companies Act provides for the deregistration of a company that has, inter alia, failed to file annual returns for two or more consecutive years. A deregistered company ceases to exist and any act performed whilst it is deregistered has no legal effect. Where, for example, a deregistered company enters into an immovable property sale agreement, […]