The Companies Act 71 of 2008, as amended, has created a new corporate law regime for South Africa that poses exceptional challenges to practitioners, who have to interpret and apply concepts, principles and rules borrowed from other jurisdictions even before they have been tested or pronounced upon by our courts. Corporate law for commerce students is a comprehensive yet basic guide to the structure and fundamentals of the new company dispensation.
Corporate law for commerce students provides a brief, clear and especially practical overview of the law of business entities. It covers partnerships, companies, close corporations, business trusts and cooperative societies, each of which carries different rights and obligations, and ultimately liabilities, for the entrepreneur. It discusses all of these within the framework of the new Companies Act, the common law, and recent court judgments and the King IV report. It includes figures, tables and mind maps to clarify each topic, and provides assessments at the end of each chapter.
Contents include the following:
· How to choose the right option for a specific business
· The partnership concept, the business trust and the establishment of legal personality, companies and cooperatives
· Compliance, transparency, accountability and governance
· Securities, debt instruments and public offers
· Directors, shareholders and company meetings, fundamental transactions, takeovers and offers
· Business rescue and compromise with creditors
· Termination and dissolution
Corporate law for commerce students is aimed at students studying commercial law, business entities or corporate law subjects as well as practising accountants, auditors, company secretaries and paralegal practitioners.
PART A Business undertakings
Chapter 1 Forms of business undertaking
PART B Partnerships
Chapter 2 The partnership concept
Chapter 3 Relationship between partners
Chapter 4 Relationship with third parties
Chapter 5 Termination and dissolution
PART C Companies
Chapter 6 Legal personality
Chapter 7 Development of company law in South Africa
Chapter 8 Types of company
Chapter 9 Company groups
Chapter 10 Incorporation of a company
Chapter 11 Capacity and representation
Chapter 12 Capital of a company
Chapter 13 Shares
Chapter 14 The Johannesburg Stock Exchange (JSE)
Chapter 15 Public offers
Chapter 16 Transparency, accountability and access to information
Chapter 17 Enhanced accountability and transparency
Chapter 18 Members and shareholders
Chapter 19 Company meetings and resolutions
Chapter 20 Directors
Chapter 21 Fundamental transactions
Chapter 22 Business rescue and compromise
Chapter 23 Winding up of companies
Chapter 24 Dispute resolution, remedies and enforcement
Chapter 25 Regulatory agencies and transitional arrangements
PART D Close corporations
Chapter 26 The close corporation concept
Chapter 27 Membership, internal relations and liability
Chapter 28 Accounting
Chapter 29 Winding up of a close corporation
PART E Trusts
Chapter 30 Trusts
PART F Cooperatives
Chapter 31 Cooperatives
PART G Corporate law for commerce students
Chapter 32 Corporate governance: King IV
Supplementary material available for this title includes:
This lecturer’s support material includes:
- Suggested answers to textbook questions
- JPEGs of all figures and tables
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