Acquisition of securities : section 48 of the Companies Act 71 of 2008

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dc.contributor.advisor Delport, Petrus Albertus en
dc.contributor.postgraduate Mohlala, Makgale en
dc.date.accessioned 2013-09-07T11:38:29Z
dc.date.available 2012-08-30 en
dc.date.available 2013-09-07T11:38:29Z
dc.date.created 2012-04-11 en
dc.date.issued 2012-08-30 en
dc.date.submitted 2012-08-23 en
dc.description Dissertation (LLM)--University of Pretoria, 2012. en
dc.description.abstract The amendment of the Companies Act 61 of 1973 in 1999 by Companies Amendment Act 37 of 1999 made it possible for the first time, in South Africa, for a company to acquire its own shares and for a subsidiary to acquire shares in its holding company. The position introduced by the 1999 amendments was repealed in 2011 with the coming into effect of the Companies Act 71 of 2008. I have compared capital maintenance rule under the Companies Act 61 of 1973, as amended in 1999 with capital maintenance rule under the Companies Act 71 of 2008. I have also examined in detailed the requirements to be complied with when a company acquires its shares as well as the requirements to be complied with when a subsidiary acquires shares in its holding company. Copyright en
dc.description.availability unrestricted en
dc.description.department Mercantile Law en
dc.identifier.citation Mohlala, M 2011, Acquisition of securities : Section 48 of the Companies Act 71 of 2008, LLM dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/27484 > en
dc.identifier.other F12/4/371/gm en
dc.identifier.upetdurl http://upetd.up.ac.za/thesis/available/etd-08232012-154739/ en
dc.identifier.uri http://hdl.handle.net/2263/27484
dc.language.iso en
dc.publisher University of Pretoria en_ZA
dc.rights © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. en
dc.subject Acquisition of shares en
dc.subject Solvency and liquidity test en
dc.subject Companies act 61 of 2008 en
dc.subject Memorandum of incorporation en
dc.subject Capitalmaintenance rule en
dc.subject Distribution en
dc.subject Board en
dc.subject Share repurchase en
dc.subject Share buyback en
dc.subject Shareholders en
dc.subject Companies act 71 of 1973 en
dc.subject UCTD en_US
dc.title Acquisition of securities : section 48 of the Companies Act 71 of 2008 en
dc.type Dissertation en


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