1887

n SA Mercantile Law Journal = SA Tydskrif vir Handelsreg - The Companies Act 2008 : an overview of a few of its core provisions

USD

 

Abstract

Company law has a significant impact on the economy in general and on commercial activity in particular. It can promote and facilitate commercial enterprise and economic growth or it can restrict and retard it. It is consequently vital for corporate law to be clear, certain and accessible. But our current corporate law regime is bulky, complex and full of conflict in its underlying philosophy and policy, and this is due directly to the fact that the Companies Act 61 of 1973 has been amended some forty-two times in the thirty-five years of its existence. This sort of patchwork and piecemeal reform has inevitably led to conflict in the policy and the objectives underpinning our company law regime.

Loading

Article metrics loading...

/content/ju_samlj/22/2/EJC54414
2010-01-01
2016-12-04
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