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Unalterable provisions – MoI vs the Companies Act.

by Ben Pieters | Sep 6, 2020 | Memorandum of Incorporation, Alterable vs unalterable provisions

It is important to note that unalterable provisions pitch the MoI vs the Companies Act. The latter will always prevail over provisions of the company’s MOI. What are the alterable provisions? Cliffe Dekker Hofmeyr (“CDH”) noted that “proxy...

Exemptions From The Unalterable MOI Provisions

by Ben Pieters | Jul 25, 2020 | Memorandum of Incorporation

The memorandum of incorporation (MOI) is the main constitutional document governing a company’s affairs and deals with various matters including, amongst others, the company’s powers, internal governance, the regulation of securities and the powers of its...

Alterable and unalterable provisions of the Companies Act

by Ben Pieters | Jul 25, 2020 | Memorandum of Incorporation

There is no doubt that the Companies Act (71 of 2008) (“Act”) has modernised corporate law in South Africa, by amongst other things, creating flexibility and simplicity in the formation and maintenance of companies whilst promoting a balance between the rights and...

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