by VDT Attorneys | Nov 24, 2025 | Employee share scheme, Equity instrument, Section 8C, Shares
There are numerous reasons why employers may choose to offer shares to their employees. Employee share schemes are powerful tools for growth and continuity and can be used for several purposes, ranging from succession planning and long-term value alignment to...
by VDT Attorneys | Nov 15, 2021 | Business, Commercial, Shareholding, Shares
What you are referring to is a share buyback, and such are an accepted method of disposing of your shares in a company as an alternative to selling to a third party. That said, share buybacks are strictly governed by the Companies Act 71 of 2008 and in particular...
by VDT Attorneys | May 20, 2021 | Companies Act, Company, Corporate, Shares
Firstly, it is important to understand that a shareholder is the owner of equity in a company and is by virtue of being such a holder entitled to enjoy certain rights, with such rights associated with the class of shares held and the rights associated with classes of...
by VDT Attorneys | Aug 8, 2018 | Business, Business Rescue, Commercial, Company, Director, Insolvency, Shares
The short answer to this question is no. Your company creditors should not be able to come after you personally. But, this is a qualified no. At the core of our company law is the concept of limited liability which implies that the shareholders and directors of the...
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 | May 9, 2016 | Company, Shares
A share certificate is not a share itself, but is merely evidence of a share. A share is intangible property and has been described by our courts as being a bundle of rights which you own as shareholder. The nature and scope of these rights are usually set out in the...
