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

dc.contributor.advisorDelport, Petrus Albertusen
dc.contributor.emailmakgalem@compcom.co.zaen
dc.contributor.postgraduateMohlala, Makgaleen
dc.date.accessioned2013-09-07T11:38:29Z
dc.date.available2012-08-30en
dc.date.available2013-09-07T11:38:29Z
dc.date.created2012-04-11en
dc.date.issued2012-08-30en
dc.date.submitted2012-08-23en
dc.descriptionDissertation (LLM)--University of Pretoria, 2012.en
dc.description.abstractThe 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 The position introduced by the 1999 amendments was repealed in 2011 with the coming into effect of the Companies Act 71 of 2008.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. Copyrighten
dc.description.availabilityunrestricteden
dc.description.departmentMercantile Lawen
dc.identifier.citationMohlala, 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.otherF12/4/371/gmen
dc.identifier.upetdurlhttp://upetd.up.ac.za/thesis/available/etd-08232012-154739/en
dc.identifier.urihttp://hdl.handle.net/2263/27484
dc.language.isoen
dc.publisherUniversity of Pretoriaen_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.subjectAcquisition of sharesen
dc.subjectSolvency and liquidity testen
dc.subjectCompanies act 61 of 2008en
dc.subjectMemorandum of incorporationen
dc.subjectCapitalmaintenance ruleen
dc.subjectDistributionen
dc.subjectBoarden
dc.subjectShare repurchaseen
dc.subjectShare buybacken
dc.subjectShareholdersen
dc.subjectCompanies act 71 of 1973en
dc.subjectUCTDen_US
dc.titleAcquisition of securities : section 48 of the Companies Act 71 of 2008en
dc.typeDissertationen

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