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Summary New Entrepreneurial Law, ISBN: 9780409122268 Commerical law (KRG200) $6.74
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  3. University Of Pretoria (UP)
  4.  
  5. Commerical law (KRG200)

Summary

Summary New Entrepreneurial Law, ISBN: 9780409122268 Commerical law (KRG200)
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  • Course
  • Commerical law (KRG200)
  • Institution
  • University Of Pretoria (UP)
  • Book
  • New Entrepreneurial Law

This is a comprehensive summary of corporate capital and corporate finance as dealt with in the Companies Act of 2008 and Piet Delport's New Entrepreneurial Law. The document is neat and visually appealing.

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  • Yes
  • November 12, 2020
  • 17
  • 2020/2021
  • Summary

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  • University of Pretoria (UP)
  • Commerical law (KRG200)
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KRG 200B

Corporate

, A par value share is a
REGULATION 31 with a set price - i.e i
States that all par value shares need to be the fair market price
converted to non par value shares often lower than the
‣ Conversation must be approved by a special value
resolution
‣ The board must issue a report that states all info that
may influence the value of the shares
‣ This report must be made available to
shareholders before the meeting where the
voting will take place
‣ The report must also be filed with the CIPC &
SARS

, What is corporate Transfer of shares


finance?
Section 35 states that sh
movable objects that ca
transferred (section 35 o
to shares not all securitie
➡The way a company funds its activities - either
through issuing shares or getting a loan Transfer Process
➡Old Companies Act = share capital 1. Agreement to trans
➡New Companies Act = distinction between authorised & issued 2. Execution (deed of
shares 3. Registration

✴ Authorised Shares: shares that the company is entitled to issue by
** When shares are tr
the ‘MOI’
purchaser must be re
✴ Issued Shares: shares authorised & issued company register as a

✴Shares: a unit into which the proprietary interest (that a person
holds) in a company is held/divided (classified as movable
property).

‣ Ownership of shares does not give the right to the

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