n Professional Accountant - New rules and regulations applying to close corporations : Companies Act

Volume 2011 Number 1
  • ISSN : 1680-7537


As you read this article, over two months have passed since the implementation of the Companies Act and the Amendment Bill. One would expect that businesses and the industry were getting used to it and the teething problems being overcome. Needless to say that we are very far from it - there are still a lot of grey areas and interpretation issues that seem to be cropping up every time you are trying to implement a certain section of the Act.

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