Legal Services Tag

he South African International Arbitration Act 15 of 2017, provides for confidentiality of arbitration proceedings. In contrast thereto, the domestic Arbitration Act 42 of 1965, contains no reference to the private and confidential nature of these proceedings.Section 11 of the International Arbitration ActSubsection 11(1) provides...

THE LIQUIDATION PROCESS As mentioned above, Liquidation can take two avenues, the following highlights the two processes. Voluntary Liquidation: For a company to be voluntarily wound up, section 80 of the Companies Act requires that a company’s shareholders must adopt a special resolution, which will indicate that they...

Credit Providers use alluring tactics to convince consumers to obtain credit. In some instance the sales person is more focused on their sales target than your actual financial circumstances.This becomes a dangerous position for both the consumer and the credit provider.The situation is dangerous for...