close corporation वाक्य
उदाहरण वाक्य
मोबाइल
- In terms of section 29 ( 1 ) of the Close Corporations Act, only natural persons are permitted to be members of a close corporation, subject to certain exceptions in section 29 ( 2 ) ( b ) and ( c ).
- BEE certificates can be issued by any verification agency so long as they are approved to do so by SANAS or IRBA . Accounting officers registered in term of the Close corporation Act of 1984 can also issue the BBBEE certificates for EMEs
- This provision means, first, that the functionary or the institution must derive powers from a statute or perform a function in terms of a statute ( as opposed to merely being incorporated pursuant to a statute, such as all companies and close corporations are ).
- Piercing the corporate veil typically is most effective with smaller privately held business entities ( close corporations ) in which the corporation has a small number of shareholders, limited assets, and recognition of separateness of the corporation from its shareholders would promote fraud or an inequitable result.
- It provided not only basic technical skills needed in a modernizing world ( as reading and writing ), but also music ( singing ), religious ( Christian ) education in close corporation with the churches and tried to impose a strict ethos of duty, soberness and discipline.
- In " Blesovsky v Shipper ", the court held that, in terms of section 29 ( 2 ) ( c ) of the Act, the executor of deceased estate is permitted to hold a member's interest in a close corporation only if the deceased held a member's interest at time of his death.
- Section 49 ( 2 ) of the Close Corporations Act gives the court the power to order the sale of a corporation asset in order to enable a member who is being prejudiced, as contemplated by section 49, to be paid out for his interest and thereby to bring about a termination of his membership.
- The Committee never managed to win the argument conclusively even as recently as 1955, the Roman Catholic historian, David Mathew, condemns the Committee as a closed corporation of the polite unenthusiastic Catholicism of the ] ] Thames Valley ] ] but they were able to reassure Parliament sufficiently to permit the process of dismantling the Penal Laws to get under way.
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