A dispute between a company’s shareholders or directors that cannot be resolved, thereby rendering the company incapable of carrying on its business, has long been a ground for winding-up solvent and insolvent companies.
The partners of Hunter Law, a Johannesburg-based practice specialising in employee benefits and financial services, have joined Bowman Gilfillan, one of South Africa’s premier corporate law firms, with effect from 1st October 2011.
The internet has created a platform which allows artists to reach worldwide audiences and gives these audiences the ability to access their music directly from their homes. It has also spawned a direct distribution system of content to consumers and created a competition monster for music retailers and distributors.
The recently enacted Consumer Protection Act (CPA) gives tenants who are individuals too many rights at the expense of landlords and could make it harder for them to find properties to rent, says Taryn Harris, property lawyer at corporate law firm Bowman Gilfillan.
The Tax Administration Bill 11 of 2011 may face constitutional challenges should it be promulgated in its current form.
Betsie Strydom, tax partner at corporate law firm Bowman Gilfillan, says that the Bill:
gives SARS much wider powers;
impacts on taxpayers’ rights; and
contains provisions that could affect taxpayers’ rights to hold a passport, to travel and to trade.