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Companies

Updated: 

2012-05-08

Preliminary documents: 

South African company law for the 21st century: guidelines for corporate law reform (May 2004) - published in GG 26493 of 23 June 2004 - access for Government Gazette subscribers, or purchase this document

Originator: 

Minister of Trade and Industry

Draft Bill
Draft bill full text: 

Access for Policy Documents subscribers, or purchase this document

Year of publication: 

2007

Publication for comment (draft bill): 

Published on the Department of Trade and Industry website

Explanatory summary: 

Two versions published in the Government Gazette: GG 31104 of 30 May 2008 (access for Government Gazette subscribers, or purchase these documents)

Hearings, briefings and submissions on draft bill: 

Access for Policy Documents subscribers - search for the title 'Draft Companies Bill'

Bill
Bill number: 

B61-2008

Year of publication: 

2008

Bill full text: 

Access for Bill Tracker subscribers, or purchase this document

Hearings, briefings and submissions on bill: 

Access for Policy Documents subscribers - search for the title 'Companies Bill'

Act
Act number: 

71 of 2008

Year of publication: 

2008

Commencement date: 

1 May 2011 (Proc 32, GG 34239, 2011-04-26)

Act full text: 
Amendments: 

Amended by the:

Repeals the:

Amends the:

Further Information
SabinetLaw articles: 
DTI publishes long-awaited draft Companies Bill
New Companies Bill on track for tabling in early 2008
Cabinet gives approval to bill overhauling Companies Act
Public response to draft Companies Bill elicits further changes
New legislative framework for South African companies introduced
Department of Trade and Industry provides overview on Companies Bill
Companies Bill hearings evaluate effectiveness of business rescue provisions
Companies Bill: general consensus emerging of acceptability
Companies Bill: isolation of CCs could threaten small business
Cosatu presents labour movements' views on corporate regulatory regime
Trade and Industry responds to salient points arising from public hearings on Companies Bill
Companies Bill approved by both houses of Parliament
Trade and Industry Minister Provides Overview of Pending Corporate Legislation
Trade and Industry to Undertake Awareness Campaign on Companies Act
Companies Act Will Bring New Era of Director’s Responsibility
Companies Act Regulations Published for Public Comment
Trade and Industry Wants Companies Act in Effect by October
Implementation of Key Business Laws Delayed
CIPRO to Establish Companies and Intellectual Property Commission
Draft Companies Regulations Released for Public Comment
Companies Act to Come Into Effect on 1 May 2011
Companies Regulations Published in Gazette
News articles: 
Journal articles: 
  • Du Plessis, R ‘New company era: on my mind’ Financial mail, Vol 190, Issue 9, Mar 9 2007, p. 18
  • Lund, T ‘Search and rescue - Companies Bill: economic trends & analysis’ Finweek, Mar 29 2007, p. 49
  • Johnson, V & Helman, L ‘One size fits all approach may not work: company law’ Without prejudice, Vol 7, Issue 4, May 2007, p. 18-19
  • Levenstein, E ‘Calculating the litigation costs in insolvent estates: company law’ Without prejudice, Vol 7, Issue 4, May 2007, p. 19-20
  • Charter, C & Williams, L ‘Transacting with company representatives - slowly into a new frontier?’ Without prejudice, Vol 7, Issue 11, Dec 2007, p. 37-38
  • Whittle, B 'LSSA Company Law Committee comments on Companies Bill' De Rebus, No 480, Oct 2008, p. 17
  • Coetzee, J 'The role of board committees in the new Companies Act' Without Prejudice, Vol 8, Issue 10, Nov 2008, p. 20 & 22 (access for SA ePublications subscribers, or purchase this document)
  • Bouwman, N ‘Disposing of a company’s undertaking or assets’ Without prejudice, Vol 8 No 11, Dec 2008, p. 15-18
  • Van der Linde, K 'The regulation of share capital and shareholder contributions in the Companies Bill 2008' TSAR, Issue 1, 2009, p. 39-57 (access for SA ePublications subscribers, or purchase this document)
  • Solomon, P & Boltar, J 'Section 136(2) of the Companies Act, 2008 - potentially drastic consequences' Without Prejudice, Vol 9, Issue 8, Sep 2009, p. 26-29 (access for SA ePublications subscribers, or purchase this document)
  • Bracher, P 'RM under the new Companies Act: general insurance' Enterprise Risk, Vol 3, Issue 8, Sep 2009, p. 10-11 (access for SA ePublications subscribers, or purchase this document)
  • Brink, A 'Corporate governance and the Companies Act' Management Today, Vol 25, Issue 9, Oct 2009, p. 6-19 (access for SA ePublications subscribers, or purchase this document)
  • McLennan, JS 'Directors' fiduciary duties and the 2008 Companies Bill' TSAR, Issue 1, 2009, p. 184-190 (access for SA ePublications subscribers, or purchase this document)
  • Bouwman, N ‘Schemes of arrangement’ Without prejudice, Vol 9 No 2, March 2009, p. 42-43
  • Van der Linde, K 'The solvency and liquidity approach in the Companies Act 2008' TSAR, Issue 2, 2009, p. 224-240 (access for SA ePublications subscribers, or purchase this document)
  • Van der Linde, K 'The regulation of distributions to shareholders in the Companies Act 2008' TSAR, Issue 3, 2009, p. 484-501 (access for SA ePublications subscribers, or purchase this document)
  • McLennan, JS 'Contract and agency law and the 2008 Companies Bill' Obiter, Volume 30, Issue 1, 2009, p. 144-153 (access for SA ePublications subscribers, or purchase this document)
  • Otty, R 'Directors and officers liability: King III and the Companies Act' Enterprise Risk, Vol 3, Issue 6, Jul 2009, p. 8-10 (access for SA ePublications subscribers, or purchase this document)
  • Meiring, I 'The Companies Act 71 of 2008: new categories of companies' TAXtalk, Issue 17, Jul/Aug 2009, p. 18-19 (access for SA ePublications subscribers, or purchase this document)
  • Jooste, R 'Issues relating to the regulation of 'distributions' by the 2008 Companies Act: notes' South African Law Journal, Volume 126, Issue 4, 2009, p. 627-650 (access for SA ePublications subscribers, or purchase this document)
  • Wainer, HE 'The new Companies Act: peculiarities and anomalies' South African Law Journal, Volume 126, Issue 4, 2009, p. 806-826 (access for SA ePublications subscribers, or purchase this document)
  • Bhengu, N 'The Ben-Tovim war, s252 and the new Companies Act (Part 2)' Without Prejudice, Volume 9, Issue 10, Nov 2009, p. 32-33 (access for SA ePublications subscribers, or purchase this document)
  • Phakeng, L 'M&A regulations in the new Companies Act (Part 1)' Without Prejudice, Volume 9, Issue 11, Dec 2009, p. 28-29 (access for SA ePublications subscribers, or purchase this document)
  • Shar, R 'The pitfalls in company deregistrations' Without Prejudice, Volume 9, Issue 11, Dec 2009, p. 30 (access for SA ePublications subscribers, or purchase this document)
  • 'Modern company law for a competitive South African economy' (the entire Acta Juridica, 2010) (access for SA ePublications subscribers, or purchase articles)
  • Coetzee, J 'Independent directors: a moving target?' Without prejudice, Vol. 10, Issue 1, 2010, p. 12-14 (access for SA ePublications subscribers, or purchase this document)
  • Mongoato, R 'Start worrying about inadequate buyback protection for shareholders' Without prejudice, Vol. 10, Issue 1, 2010, p. 14-15 (access for SA ePublications subscribers, or purchase this document)
  • Phakeng, L 'Making sure SA's M&A regulations match the world's best' Without prejudice, Vol. 10, Issue 1, 2010, p. 16-17 (access for SA ePublications subscribers, or purchase this document)
  • Bouwman, N 'Quorums and resolutions' Without prejudice, Vol. 10, Issue 1, 2010, p. 18-19 (access for SA ePublications subscribers, or purchase this document)
Speeches and statements: 
Articles on the Web: 

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