When dealing with foreign companies the Court's will adopt a "broad Interpretation" to Sec 45 (Financial Assistance) of the South African Companies Act of 2008, as amended so as to apply the section to foreign companies.
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See AllIn South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...
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