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Executive Pay: No place left to hide for executive directors of non-listed public companies.
The recent coming into effect of new sections 30A and 30B of the Companies Act, No. 71 of 2008 (Companies Act), together with the concurrent amendments to section 30(4), marks a significant shift in the regulation of executive remuneration.
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A seller, in terms of the Property Practitioners Act, Act 22 of 2019, (the Act) per section 67, has a duty to disclose all defects in the property.
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Biodiversity offsetting is a conservation strategy that aims to compensate for the negative impacts of development projects on biodiversity by creating or restoring ecosystems elsewhere.
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On 28 April 2023 the Supreme Court of Appeal delivered a reportable Judgment in the matter of Louis N O and Others v Fenwick N O and Others which dealt primarily with the consequences of when a binding offer in terms of section 153(1)(b)(iii) of the Companies Act 71 of 2008 (“the Act”) is rejected, and the interpretation of how this affects s153(4) of the Act.
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