CIPC

Liquidations: Compulsory and Voluntary

21st July 2021|Commercial Law, Litigation|

A company can be liquidated regardless of whether it is solvent or insolvent. If a company is insolvent, it is unable to satisfy its debts as and when they come due (this is referred to as commercial insolvency).  If the company is solvent, it has the option of being liquidated for reasons other than that

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The Deregistration of Companies and Close Corporations

8th June 2018|Articles, Commercial Law, Litigation|

From time to time, companies in business come into contact with deregistered entities; most often due to administrative oversight and their failure to file annual returns. Companies would be well advised to practice diligence and ensure that the companies they are dealing with are registered entities. The deregistration of companies and close corporations is provided

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