n Without Prejudice - Getting ready : company law




The new Companies Act (71 of 2008 (New Companies Act)), which will replace the existing Companies Act (61 of 1973 (Existing Companies Act)), is due to take effect on April 1 2011 (Effective Date). This article seeks to identify certain issues which should be of material importance to companies in the lead up to, and following, the implementation of the New Companies Act and the practical steps which companies should be taking at this time to ensure a smooth transition from the old to the new statutory regime.


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