The National Lockdown is the ideal time to consider some corporate governance issues in your business that have perhaps been on the “to do” list for a while.
A personal reflection on my experience with a virtual court system.
Our Head of Commercial Law at Witz Inc, Pietro Calicchio, attended the Prof. Mervyn King SC seminar on Corporate Governance, held on 20 November 2019.
The new Companies Act, 71 of 2008 (“the Companies Act”) has been in force for some time which incorporates the recommendations made in King III (“King III”).
Three types of marriages are recognised under South African law, these are as follows; a civil marriage, a civil union and customary marriages in terms of the Recognition of Customary Marriages Act.
The default matrimonial property regime in South Africa is called in community of property or ICOP. That means that if you do not conclude a valid antenuptial contract (more on that later) you will be married in community of property.