Tag: Companies Act
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The CIPC to Intensify Compliance Enforcement
The Companies and Intellectual Property Commission (CIPC) Compliance Checklist was implemented by CIPC from 1 January 2020. Companies will be required to complete the Compliance Checklist, prior to submitting their annual returns. The Compliance Checklist is applicable to all companies, including state-owned companies, non-profit companies, private companies, personal liability companies and public companies. The checklist…
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Director’s personal financial interests
If in terms of section 75(5) of the Companies Act a director of a company who has a personal financial interest in respect of a matter to be considered at a meeting of the board, or knows that a related person has a personal financial interest in the matter, the director: Must disclose the interest…