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Tag Archives: Section 45 of the new Companies Act; liability for loans; financial assistance; directors

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INFLUENCE: Personally liable, Never?

Articles, InfluenceBy Andre van der MerweNovember 4, 2014

Section 45 of the new Companies Act – Liability for loans and other financial assistance to directors – remains a thorny issue, writes Natasha Sexton Two years have passed and implementation of the new Companies Act 71 of 2008 should be in full swing, or is it? One area that has resulted in much confusion…

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