South Africa Law

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Related South Africa Law Questions
Alex, hope you are well? Please could I ask you to
Hi Alex, hope you are well ?Please could I ask you to anonymously post my question.I entered into a Partnership Agreement with person X. She would be the majority shareholder, I would hold minority sh… read more
Chris K
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I am considering selling my three shares in a a PTY ( not
I am considering selling my three shares in a a PTY ( not property) to one or two existing shareholders. Do I need to draw up a simple offer to purchase and then following agreement and payment send a… read more
Freddie Lombard
Freddie Lombard
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I have a critical skills visa in South Africa. What are my
I have a critical skills visa in South Africa. What are my options if I want to own a business there.… read more
Charlene Vorster
Charlene Vorster
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Honours
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Is PtyX's only director. resigns effective immediately.
Jane is PtyX's only director. Jane resigns effective immediately. Legally, how much time does PtyX have to appoint a new director? What legal action can be taken against PtyX, PtyX's shareholders, or … read more
CaseLaw
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Master's Degree
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PtyZ (Z) has 1 director & incorporator:. Z has a generic
PtyZ (Z) has 1 director & incorporator: Mike. Z has a generic MOI. Mike resigns. Z has issued no shares. Z has not appointed a new director. Who has the authority to appoint a new director for Z?… read more
Freddie Lombard
Freddie Lombard
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Bachelor's Degree
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SARS needs to decide whether to classify PtyX (X) as a
SARS needs to decide whether to classify PtyX (X) as a Personal Service Provider. One of the deciding criteria is X's directors. X has one director and if this director is related to a staff member, t… read more
Freddie Lombard
Freddie Lombard
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How do i protect myself as a shareholder & director of a pty
How do i protect myself as a shareholder & director of a pty ltd if i have a judgement against me after signing surety for a business which was sequestrated?… read more
WCLawyer
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Bachelor's Degree
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My attorneys hired a tracing agent who located the new premises
My attorneys hired a tracing agent who located the new premises of the company in question. Because they manage to get a court order, the sheriff went there and tried to attach the movables, but appar… read more
Freddie Lombard
Freddie Lombard
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Bachelor's Degree
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The company was registered in 2009. The founder became ...
The company was registered in 2009. The founder became Managing Director and an additional director (non-executive) was appointed. The MD died on 17 September 2013. The deceased's wife is concerned th… read more
Shaie Zindel
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B.A. (RAU); BProc (RAU)
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Hello, if i am a director and shareholder of a company
Hello, if i am a director and shareholder of a company and discover that my partner is involved in SARS fraud, is there a way for me to resign my shareholding and directorship with immediate effect? I… read more
Mike Otis
Mike Otis
Legal Advisor
Master's Degree
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Ive been in an executive position at a small PTY (Ltd). Im
I've been in an executive position at a small PTY (Ltd). I'm not a director or shareholder although the intention has been declared to make me a director at the next AGM and grant me shares at the sam… read more
WCLawyer
WCLawyer
Attorney
Bachelor's Degree
8,935 satisfied customers
I am looking to buy/set up an estate agency business in South
I am looking to buy/set up an estate agency business in South Africa - I am not qualified or registered with the EAAB. My question is can I legaly do this i.e. own the company either wholly or partly … read more
Shaie Zindel
Shaie Zindel
Attorney
B.A. (RAU); BProc (RAU)
1,250 satisfied customers
I own a company that has shares in another company. I am the
I own a company that has shares in another company. I am the sole shareholder of my company. I am closing down my company. Question can I retain the shares in the other company in my name… read more
Mike Otis
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Legal Advisor
Master's Degree
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We are currently 6 shareholders in a company, 3 are employed
We are currently 6 shareholders in a company, 3 are employed by the company as executive managers. Since last year October shareholders were unhappy by the performance of some the working partners as … read more
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Mike Otis
Legal Advisor
Master's Degree
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I currently own a pty ltd company . The company was established
I currently own a pty ltd company . The company was established to run a small lodge in a game reserve in Phalaborwa. The assets of the company include the property, building, and contents necessary f… read more
JJ
JJ
Master's Degree
4,502 satisfied customers
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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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.
Master's Degree
1,364 satisfied customers
I am busy paying off shares I have purchased in our company.
I am busy paying off shares I have purchased in our company. My position at the moment is financial director. What they are saying now is that I must step down as financial director until my shares ar… read more
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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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