Exemption from unalterable provisions
An under-utilised procedure.
The Companies Act, 71 of 2008 contains certain unalterable provisions which companies are required to comply with and alterable provisions which companies may elect to comply with or alter in terms of their MOI’s. However, there is an exception to the rule that companies must comply with unalterable provisions.
This exception is discussed in the article below by Paul Truter and Amy Jones which was published in the January/February 2015 edition of De Rebus magazine.
solution focused thinking
Providing full service offerings to our clients.