n Without Prejudice - Altering the unalterable : company law

Volume 13, Issue 10
  • ISSN : 1681-178X



There is no doubt that the Companies Act (71 of 2008) has modernised corporate law in South Africa, by among other things, creating flexibility and simplicity in the formation and maintenance of companies while promoting a balance between the rights and obligations of shareholders and directors. The Act is a significant improvement to the corporate law regime, which existed under the 1973 Companies Act.

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