Finding an alternative resolution

Wikipedia’s definition of mediation is “a structured, interactive process where an impartial third-party assists disputing parties in resolving conflict through the use of specialised communication and negotiation techniques”. Mediation, when utilised in law, is a form of alternative dispute resolution. Parties that are involved in a dispute may choose the mediation process to resolve the […]

DIVIDENDS UPDATE – PART 1

Under the Companies Act 37 of 1973, the payment of dividends was regulated under section 90.  In terms thereof, a company could pay dividends to its shareholders in their capacities as shareholders, provided that its Articles of Association authorised such payment. The Companies Act of 2008 (“the Act”), which replaced the Act of 1973, is […]