n Without Prejudice - When rectification is no defence : company law
|Article Title||When rectification is no defence : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Author||Christo Van der Spuy|
|Publication Date||Nov 2007|
s23 of the Close Corporations Act, 1984 places a statutory obligation on any close corporation (CC) to display its full name and registration number in easily legible characters, and in a conspicuous position, outside its registered office and every other place where its business is carried on. Furthermore, these details must appear on all notices and other official publications of the CC, including bills of exchange, promissory notes, endorsements, cheques, and orders for money or goods purporting to be signed by or on behalf of the CC and in all letters, delivery notes, invoices, receipts, and letters of credit of the CC.
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