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SchoemanLaw Inc

Does non-compliance with procedural requirements for Business Rescue result in a nullity?

Does non-compliance with procedural requirements for Business Rescue result in a nullity?

11th August 2015 In one of the revolutionary judgements on business rescue to date the Supreme Court of Appeal the court clarified certain provisions in the... 

When and how can I evict my lawful tenant?

When and how can I evict my lawful tenant?

7th August 2015 Evictions in South Africa are regulated by the Prevention of Illegal Evictions from and Unlawful Occupation Act, Act 19 0f 1998 ("PIE" Act). In... 

Is business rescue possible after final liquidation?

Is business rescue possible after final liquidation?

3rd July 2015 The Companies Act 71 of 2008, in section 131(6) provides that a court may order that business rescue proceedings commence after a final order of... 

More Schoeman Law Inc
Prescription of a vindicatory claim

Prescription of a vindicatory claim

By: Creamer Media Reporter      8th June 2015 In terms of the Prescription Act, Act 68 of 1969, a debt prescribes three years from when the debt becomes due and payable. In the recent case of... 

Estate duty abatement

Estate duty abatement

6th May 2015 In terms of the Estate Duty Act, Act 45 of 1955 as amended (‘the Act’), an amount of R3.5-milion can be deducted from the nett value of the... 

Decisions decisions, what will I do?

Decisions decisions, what will I do?

13th March 2015 The Minister of Finance Nene, in his first Budget Speech announced that section 8C of the Income Tax Act (The Act) would be amended to deal with... 

Is there a duty on the seller to return the deposit and transfer duty paid upon the cancellation of the sale?

Is there a duty on the seller to return the deposit and transfer duty paid upon the cancellation of the sale? 

6th February 2015 1In Royal Anthem Investments, a dispute arose with regards to a written agreement of sale concluded by the parties on 1 June 2009. Yuen Fan Lau and... 

Do shareholders also have a fiduciary duty?

Do shareholders also have a fiduciary duty?

19th January 2015 A company is a juristic person that is separate from its members or shareholders. Section 19 (1) of the Companies Act, Act 71 of 2008 (hereafter... 

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