n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - Par-value Shares or No-par-value Shares - Is that the Question? : analyses




In this analysis it will be argued that although certain consequences are perhaps more commonly associated with either par-value or no-par-value shares, the regulation of each of these types of share can differ substantially between jurisdictions. The ultimate choice between par-value and no-parvalue shares thus becomes almost inconsequential. A comparison of par-value and no-par-value shares as they are currently regulated in the Companies Act, is nevertheless a useful way of identifying certain key considerations that should inform the design of the preferred system.


Article metrics loading...

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error