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[Show more]What info must be contained in a compromise proposal? - Correct Answer - any proposals made "informally" by a company creditor 
- details of all assets and creditors 
- treatment of ongoing contracts 
- order of preference, proceeds apply 
- conditions precedent 
- number of employees 
- t&c of em...
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Add to cartWhat info must be contained in a compromise proposal? - Correct Answer - any proposals made "informally" by a company creditor 
- details of all assets and creditors 
- treatment of ongoing contracts 
- order of preference, proceeds apply 
- conditions precedent 
- number of employees 
- t&c of em...
Types and Forms of Companies - Correct Answer 1. Profit Company 
2. Non - profit company 
 
Profit companies 4 tipes - Correct Answer 1. Sate owned 
 - schedule 2/3 of PFMA 
 -Municipality 
 - National government business 
 
2. Public 
- can sell shares to public & freely transferable 
-Can be list...
Preview 2 out of 7 pages
Add to cartTypes and Forms of Companies - Correct Answer 1. Profit Company 
2. Non - profit company 
 
Profit companies 4 tipes - Correct Answer 1. Sate owned 
 - schedule 2/3 of PFMA 
 -Municipality 
 - National government business 
 
2. Public 
- can sell shares to public & freely transferable 
-Can be list...
The legal definition of a share - Correct Answer Under the companies Act 71 of 2008, a share is defined as 'one of the units into which the proprietary interest in a profit company is divided". A share is a unit of the contribution made to the share capital. It is thus property and can be traded g...
Preview 1 out of 4 pages
Add to cartThe legal definition of a share - Correct Answer Under the companies Act 71 of 2008, a share is defined as 'one of the units into which the proprietary interest in a profit company is divided". A share is a unit of the contribution made to the share capital. It is thus property and can be traded g...
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