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Legal Alert – Companies Act Amendments

Posted on Author Sheqafrica Comment(0)

The Department of Trade and Industry has published the Companies Amendment Draft Bill, for public comment. The Bill seeks to amend the Companies Act, 2008, so as to: ▪ change the definition of securities; ▪ clarify when a Notice of Amendment of a Memorandum of ncorporation takes effect; ▪empower a court to validate the irregular creation, allotment…

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