by VDT Attorneys | Dec 14, 2016 | Divorce, Family
For purposes of divorce the pension interest in a pension fund, provident fund and/or preservation fund is defined as the benefits to which a member would have been entitled to in terms of the rules of such fund if his membership is terminated due to resignation, at...
by VDT Attorneys | Dec 14, 2016 | Company, Corporate, Credit Act, Shares
In terms of the National Credit Act an agreement can be considered a credit agreement if it is a credit facility, a credit transaction, a credit guarantee, or any combination of the above. In the case where a party sells his shares to a purchaser and the agreement...
by VDT Attorneys | Dec 14, 2016 | Commercial, Company, Corporate
A company is a juristic person and can only act through its shareholders and directors. For now I will discuss the position regarding the taking of shareholder decisions or ‘resolutions’, and provide a brief overview of the default position established by the...
by VDT Attorneys | Nov 9, 2016 | BEE, Commercial, Tax
Investing in learnerships, can be a costly exercise even though it is a worthy investment. Fortunately from a BEE and tax perspective, government provides incentives to businesses such as yours to invest in such formal learning programmes. Any business, when reporting...
by VDT Attorneys | Nov 9, 2016 | Credit Act, Property
The two primary pieces of legislation that should be considered in your situation are: 1. The Alienation of Land Act2. The National Credit Act The Alienation of Land Act regulates the requirements for the sale of immovable property where the purchaser agrees to pay...
