Fortunately, South African employees have certain rights and protections under the law when their employer becomes insolvent. Additionally, the Companies Act and the Insolvency Act provide for the appointment of a liquidator to oversee the winding up of the company's affairs and to ensure that employees are treated fairly.
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In this article we will answer some pertinent questions we receive from our clients so that one does not suffer the inconvenience of having the documents they intend to use in another country not being acceptable as they are.
Since it is a matter of practice and not one premised on the provisions of the law, the requirement to appoint an independent Trustee may be dispensed with in the event that good cause is shown that the interests of creditors will not be compromised.
The essence behind a Trust is for the Trust to own property in its own right so that such property does not form part of the estate of the Trust Founder. A Trust, however, does not have legal personality. The Trust can therefore acquire and accumulate properties and assets as a separate entity from the Trust Founder and persists even after the Trust Founder has passed on.
A Will is designed to capture the wishes of the deceased with regards to how they prefer their estate to devolve to the nominated heirs. Such Will contains instructions as to how assets must be distributed to the heirs under that estate and in some instances, who must preside over such process (Executor).
Marrying a foreigner in South Africa is relatively straight forward if you have a local marriage officer on your side. However, if you are a South African marrying a foreigner outside of the country, you will need to pay special attention to the advice in this article.
Planning and concluding a marriage is one of the most exciting events in many people’s lives. This article briefly discusses the various essential and ancillary issues surrounding the conclusion of marriage, in order for it to be valid and effective.
Due to various political and socio-economic reasons in the past two decades, emigration to South Africa from countries in the region and the continent has surged immensely. This has naturally led to immigration laws, regulations and policies by the government of South Africa to be on a continuous path of development and modification to suit the altering patterns in immigration.
South Africa has for a while became a preferred destination for work, tourism, retirement, religious, business and other various activities. Consequently, marriages between foreign nationals and South Africans have become commonplace as social barriers become less and less matters of concern.
Most of us have seen the word Notary written on the billboards at some attorneys’ offices, but not all. This is because not all attorneys have the designation of Notary Public. It is an office endowed with an increased measure of trust.
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