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ARTICLE · 20 MARCH 2020

Companies Article Final

Zenas Chambers, ChimwaMurombe Legal Practice
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The new Companies and Other Business Entities Act [Chapter 24:31] (hereinafter referred to as the new act) came into effect on the 13th of February 2020, repealed and replaced the Companies Act [Chapter 24:03],.

ZimbabweCorporate/Commercial Law

The new Companies and Other Business Entities Act [Chapter 24:31] (hereinafter referred to as the new act) came into effect on the 13th of February 2020, repealed and replaced the Companies Act [Chapter 24:03], (hereinafter referred to as the old companies act). The changes to the old Companies Act brought various changes and amongst them is a change in the documents that are to be submitted upon company registration and any other documents relating to companies.

  1. Directorship.

The list of directorship and secretaries under the old Companies A ct was submitted to the Registrar of companies using the CR14 form. Under the new act which is the Companies and Other Business Entities Act, directorship and secretarial posts is now submitted in CR6 format.

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