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Showing 1 to 2 of 2 for “"Solvency and liquidity test"”.
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Financial assistance: the new approach
… assistance according to strict conditions and others prohibit it subject to minor exceptions. After statutorily being introduced into company legislation in the early part of the 20th Century, there are still questions as to why this law is still so prominent, and whether such regulation or …
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Acquisition of securities : section 48 of the Companies Act 71 of 2008
… Africa, for a company to acquire its own shares and for a subsidiary to acquire shares in its holding company. The position introduced by the 1999 amendments was repealed in 2011 with the coming into effect of the Companies Act 71 of 2008. I have compared capital maintenance rule under the …