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We are a small company, made of four directors. We all hold
We are a small company, made of four directors. We all hold some shares percentages. My question is how do we vote out one director. Since we started this company he has not put any positive input int… read more
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I have a director that has refused to sign over his shares
I have a director that has refused to sign over his shares back to me in a Pty-Ltd. He owns 20% and the other directors have agreed to the terms. Is there any way to force-ably sign over the shares in… read more
Mike Otis
Mike Otis
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I have 2 questions: one is labour related to my own work, the
I have 2 questions: one is labour related to my own work, the other related to corporate law... i see you are a commercial lawyer can I go ahead and ask you anyway? you can advise me on way forward?… read more
JJ
JJ
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Good Afternoon, I am an Executive Director (Sales & Marketing)of
Good Afternoon, I am an Executive Director (Sales & Marketing)of a National company. I have been on the board of Directors since June 2007. We employed a new GM in our JHB office last year (an ex coll… read more
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We are 8 shareholders in a company converted last month from
We are 8 shareholders in a company converted last month from a CC to a (Pty) Ltd. 1) This struggling company is making losses. 2) 3 of the Shareholders, including myself, have shareholders loans where… read more
inciteadvisor
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I am a director and 5% share holder of a company.I have resigned
I am a director and 5% share holder of a company.I have resigned as of from the 1st March 2012.The company wants to force me to sign a memorandum of agreement for the sale of my shares and wants me to… read more
Bert274
Bert274
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• Good Day, My father is a 49% shareholder in a Pty (Ltd).
• Good Day, My father is a 49% shareholder in a Pty (Ltd). There are only 2 shareholders in the company. In the beginning when the company was formed it was a CC and was changed to a Pty (Ltd) for som… read more
WCLawyer
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Myself and 4 others are shareholders in a company for the past
Myself and 4 others are shareholders in a company for the past 10yrs.(1% each)We have never seen or had access to any financial statements - the annual dividends that they pay us does not add up to ou… read more
Barend B.
Barend B.
Legal Consultant
Master's Degree
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I am the financial manager at a company and a shareholder as
I am the financial manager at a company and a shareholder as well. I have 9 ladies working with me and I trained them in the field of bookkeeping, debtors, creditors and the running of the administrti… read more
Mike Otis
Mike Otis
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Master's Degree
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Hello again. This disgruntled shareholder has now sent us a
Hello again. This disgruntled shareholder has now sent us a letter threatening that if we do not give him audited books this month, he will apply for provisional liquidation of the company. What actio… read more
WCLawyer
WCLawyer
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Bachelor's Degree
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Hi ,I need just an explanation/interpretation of the following
Hi ,I need just an explanation/interpretation of the following clause in our shareholdersgareement : "1. TAG-ALONG If a bona fide third party offers to purchase shares in the company constituting at l… read more
JP
JP
Bachelor
622 satisfied customers
In this situation we have a Pty Ltd company with three directors
In this situation we have a Pty Ltd company with three directors who are all three also shareholders 50%/30%/20%). Two of the directors wanted to buy a farm in the name of the company, but the third d… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,913 satisfied customers
In a company with three directors and shareholding of 10%,
In a company with three directors and shareholding of 10%, 10% and 80% the director with the 80% pursued a course of action which the other two directors do not5 agree with. It did not result in any d… read more
WCLawyer
WCLawyer
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Bachelor's Degree
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breakdown of relationships in family owned business. We have
breakdown of relationships in family owned business. We have no shareholders agreement. I hold minority shares of 16% in the business. What are my options since verbal discussions have reached a deadl… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
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I am lost, help me out , majorirty share holder, and owner
I am lost, help me out , majorirty share holder, and owner of the building, the minority is adamant . You got or the details. How can they ask for or a new retirement policy. How can they force us to … read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
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the company i work for will be changing to a pty ltd and i
the company i work for will be changing to a pty ltd and i have been offerd to purchase shares in the company, my question us what do i need to consider from a legal perspective when doing this and an… read more
Barend B.
Barend B.
Legal Consultant
Master's Degree
1,364 satisfied customers
I am a Director and minority(20%) shareholder in a PTY ltd
I am a Director and minority(20%) shareholder in a PTY ltd company. I would like to resign and sell my shares. The company has been trading for 4 years and We do not have a shareholders agreement in p… read more
Barend B.
Barend B.
Legal Consultant
Master's Degree
1,364 satisfied customers
What are my rights as a shareholder and director of a family
What are my rights as a shareholder and director of a family run business (there are 5 members of which my percentage shareholdeing is 25%)? What according to the law is the percentage which will cons… read more
Gjersoe Inc
Gjersoe Inc
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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