Latest News

June 14, 2018

WHAT ARE A DIRECTOR’S FIDUCIARY DUTIES?

Fiduciary duty of good faith In terms of the common law, a director’s fiduciary duty means that a director acts in good faith and in the best interests of the […]
December 8, 2016

MMS Joins Alliott Group to Extend Services to the International Market

Dear Reader, MMS, one of Johannesburg’s Top 10 auditing and consulting firms, has been appointed as the local representative member firm in Johannesburg for the Alliott Group. With over 165 […]
September 28, 2016

Removing directors of a company

The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to […]
October 26, 2015

Minutes of board meetings

Board meetings and the decisions made during these meetings may be determining for the effective functioning of a company. Clients are therefore reminded of the legal requirements relating to board […]
August 12, 2015

Cost management: 7 tips for cutting business expenses

It is important for every business owner to make a maximum profit, both through sales and by maintaining strict financial discipline within the company. Implement sound practices from the start, […]
July 22, 2015

What’s the buzz about business rescue?

If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to save the business: it […]