Blog: News

The Companies Amendment Bill proposes amendments to section 33 of the Act.  This amendment requires a company to file a copy of their securities register with CIPC (share transfer register). CIPC have never kept record of the issued share capital of companies. This will be beneficial to many companies.  Many share registers have been lost, … Continued

A director may not be removed from the board of directors without reasonable opportunity to make a presentation at the meeting in terms of Section 71 of the Companies Act 71 of 2008.   A director may be removed by an ordinary resolution of the shareholders meeting by those entitled to exercise voting rights in … Continued

Mandatory Rotation of Auditors Is Now at the Top of the Public Investment Corporation’s Hit List of Corporate Governance Issues 17 JULY 2017 – 05:43 by ANN CROTTY The Public Investment Corporation (PIC), the largest investor on the JSE, has strongly endorsed the push for mandatory rotation of audit firms by voting against the reappointment … Continued

Karen Oosthuizen  Karen Oosthuizen has over 15 years of experience in Company Secretarial Services.  She has been with SA Company Formations since 2002 and worked previously at one of the top Auditing firms in Stellenbosch.  Karen managers the daily running of the business and also assists clients with matters relating to company registrations, amendments, BEE … Continued