A Sec 345 demand is very effective in South Africa when dealing with recalcitrant debtors as those who don’t pay up or dispute the debt on bona fide, reasonable and substantial grounds can end up having their company liquidated.
top of page
Search
Recent Posts
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...
bottom of page