by VDT Attorneys | Jul 24, 2024 | Annual Returns, Bona Vacantia, CIPC, Companies Act, Deregistration, Uncategorized
In the Goosen-case the legal proceedings centred around an urgent application by the applicant asking that Goosen Marketing CC be re-registered and reinstated by the CIPC so the close corporation can proceed with a separate trial. The CIPC is mandated to implement...
by VDT Attorneys | Jul 24, 2024 | commission, Commissioner of Oaths
The act of commissioning is an act performed by a commissioner of oaths to verify the identity of a deponent to an affidavit and administer an oath to that effect. The ability to remotely commission documents has become increasingly relevant given the technological...
by VDT Attorneys | Jul 24, 2024 | Agents commission, Estate Agent, Property, Selling Property
In most jurisdictions, the general rule is that an estate agent’s commission is only payable if there is a valid agreement in place. This agreement can be in the form of a written contract or verbal understanding. Without an agreement however, the agent’s...
by VDT Attorneys | Jul 23, 2024 | Cyber security, Cyber-attack, Cybercrime, Email Compromise, Fraud, Security, Technology
Although the intended reasons behind cybercrime may vary, the objective is primarily to cause financial harm, gain financial benefit, access data, or damage the reputation of a business. It should also be kept in mind that while large businesses and corporations are...
by VDT Attorneys | Jul 23, 2024 | Income Tax, Income Tax Act, Tax, Tax Advisory
Section 24O of the ITA can in certain circumstances be utilised in acquisition transactions when a company obtains financing to acquire equity shares in another company. The operative provision of this section essentially permits the interest levied on the financing...
