by VDT Attorneys | Nov 9, 2018 | Commercial, Corporate
The Companies Act 71 of 2008 has, for the past seven years, been functioning without any major amendment thereto. In September 2018 however an amendment Bill has been published for public comment. Some of the proposed changes are certainly welcome with certain...
by VDT Attorneys | Oct 10, 2018 | Business, Commercial, Company, Compliance, Corporate, Data Protection, Information and data protection, POPI, Privacy
[https://www.theguardian.com/commentisfree/2018/mar/21/cambridge-analytica-facebook-data-users-profit] It seems like the more selfies, intimate family pictures, personal movements and travels, dietary activities and opinions we share with the entire world, the more we...
by VDT Attorneys | Oct 4, 2018 | Commercial, Company, Corporate, Director
A company is a reliable and well known vehicle to use for a business. That said, many company directors are not always aware of the nature and scope of their duties as directors and their liability should these duties not be complied with. A director of a company is a...
by VDT Attorneys | Jul 12, 2018 | Commercial, Company, Corporate, Investment, Tax
A venture capital company or “VCC”, although receiving market interest of late, is not a new thing and was introduced in 2009 as section 12J of the Income Tax Act 58 of 1962 (the “Act”). The VCC forms part of Government’s philosophy of expanding economic growth...
by VDT Attorneys | Nov 16, 2017 | Commercial, Compliance, Consumer, Corporate, Information, POPI
Firstly, it should be noted the Protection of Personal Information Act 4 of 2013 (“POPI”) was signed into law on 19 November 2013, but has, to date, not yet fully come into effect. POPI protects persons from suffering damage and harm by requiring entities and persons...
by VDT Attorneys | May 8, 2017 | Business, Company, Contract, Corporate
This is not a straightforward question to answer. Assuming there are no contractual restrictions prohibiting you and ignoring aspects of unlawful competition, the question boils down to whether your fiduciary duty as a director of your current company, prohibits you...
