Member's Personal Liability for the Debts of a Close Corporation after Deregistration

dc.contributor.author	Havenga, Michele
dc.date.accessioned	2015-02-25T14:28:41Z
dc.date.available	2015-02-25T14:28:41Z
dc.date.issued	2002
dc.identifier.citation	Havenga, Michele (2002) Member's Personal Liability for the Debts of a Close Corporation after Deregistration. South African Journal of Mercentile Law (14) 134	en
dc.identifier.issn	1015-0099
dc.identifier.uri	http://hdl.handle.net/10500/18287
dc.description.abstract	A corporation formed under the Close Corporations Act 69 of 1984 becomes a juristic person upon registration. Subject to the provisions of the Act, it continues to exist as a juristic person despite changes which may occur in its membership until it is deregistered or dissolved (s 2(2)). As a legal person, the corporation may own assets and incur liabilities in its own name. The members do not, merely by reason of their membership, incur liability for the liabilities or obligations of the corporation (s 2(3)).	en
dc.language.iso	en	en
dc.publisher	Juta	en
dc.subject	Act provides that members may forfeit	en
dc.subject	their protection by incurring personel	en
dc.subject	and currecnt liability	en
dc.subject	with the corporation, in various insatnces	en
dc.title	Member's Personal Liability for the Debts of a Close Corporation after Deregistration	en
dc.type	Article	en
dc.description.department	School of Interdisciplinary Research and Graduate Studies (SIRGS)	en