by VDT Attorneys | Nov 21, 2014 | Corporate
Insider trading can be defined as ‘the illegal practice of trading on the stock exchange to one’s own advantage through having access to confidential or non-public information about a company.’ In addition to financial data, inside information may include...
by VDT Attorneys | Oct 19, 2014 | Corporate, Non-profit
A non-profit company (“NPC”) does not have as its aim the making of profit, and must be established for a public benefit or for a purpose relating to one or more cultural or social activities, or communal or group interests. An NPC must use all its income and property...
by VDT Attorneys | Nov 22, 2013 | Business Rescue, Corporate
The Companies Act has provided companies (and closed corporations) the opportunity to save their business and avoid liquidation by implementing business rescue proceedings. These are proceedings aimed at facilitating the rehabilitation of a company that is in...
by VDT Attorneys | Sep 30, 2013 | Corporate
The requirement All companies and close corporations are required by law to submit their annual returns with the Companies and Intellectual Properties Commission (“CIPC”) within 30 days of the anniversary date of its incorporation. Failure to do so will result in the...