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Web4 Jun 2024 · The Companies Act No. 71 of 2008 (the Act) was signed into law on 8 April 2009 and became effective on 1 May 2011. The Act continues to have a significant impact on directors’ liability in corporate South Africa. Section 424(1) of the old Companies Act has been replaced by section 77 which, while worded differently, retains the essence of the ... http://www.thedtic.gov.za/wp-content/uploads/Companies_Act_Notebook.pdf showbie for teachers

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