ADVANCED COMPANY LAW AND SECRETARIAL PRACTICE WEBINAR - LIVE STARTING 1 MARCH 2024 WITH 4 WEEKLY 2 HOUR SESSIONS - ALL WEBINARS WILL BE RECORDED You will receive 8 hours of CPD and a full set of notes. This course is ideal for intermediate, junior and senior people and any one in an accounting firm or secretarial department who want to brush up their company law and secretarial practice knowledge. Accountants and Senior Secretarial Consultants who also need a refresher to many of the new concepts. Partners of accounting firms who need a refresher on company law are welcome. All sections will be dealt with and will include what has happened in practice and the amendments in the law.
The course will be useful for people in any secretarial department whether they use Accfin Sky Sec or not.
This course will give you the background to company law in regard to company secretarial practice that you need to know before you can use any electronic system effectively. Even if you do company secretarial work manually this course will be of great benefit to you! It is my belief that you cannot do company secretarial work unless you understand company law.
Please note where applicable we will cover the new sections in the amended companies act and introduce case studies where necessary.
The course is led by Mark Silberman B.Acc CA(SA) who has been lecturing and consulting on company law and secretarial practice since the new act was implemented and many years before that and instrumental in designing the first electronic company secretarial system in South Africa.
REGISTER HERE The cost of the course is R1380 inclusive, if you attend both, the basic and advanced the cost on the advance will receive a discount of 25%. https://www.accfinsoftware.com/register-for-colaw-webinars.html Once you have registered please make payment.
Attend this course and you will receive 8 hours of CPD and a full set of notes. This course is ideal for intermediate and senior people and people who have attended the basic course and any one in a secretarial department and senior secretarial consultants who want to brush up their company law and secretarial practice knowledge. Partners of accounting firms who need a refresher on company law should attend.
The course also deals with various controversial aspects of the new companies act which may in future give rise to damages claims. This course will give you the background to advance company law in regard to company secretarial practice that you need to know about if you are advising clients. A CPD certificate will be issued as well as a full set of notes.
A detailed set of notes in booklet form will be given together with actual examples taken from practice.
ADVANCED COMPANY LAW AND SECRETARIAL PRACTICE COURSE 1. THE LONG FORM – MOI What we need in a long form MOI. When should we use the standard MOI and the effect of the rules and shareholders agreements. 2. MORE COMPLICATED SHARE CAPITAL TRANSACTIONS Beneficial interests in securities. Under the new Act the share capital maintenance regime does not exist anymore. How and why did this come about? How does this impact on the company secretary. We will be dealing with the conversion of par value shares to no par value shares and all the compliance requirements in Regard to regulation 31. What is the position with Par value shares, can they exist forever? We will discuss the subdivision of shares and the consolidation of shares and how to handle multiple share classes like an A Class, B Class etc? We will work through examples of each case producing all the paperwork. We will also discuss the requirement of Contributed Tax Capital which is a tax concept. 3. DISTRIBUTIONS AND SOLVENCY AND LIQUIDITY We will be dealing with the position of distributions including buy back of shares and dividends and the requirements of the solvency and liquidity test and all the requirements of Financial Assistance (S44 and S45) including all the special resolutions that you require. What in fact is the solvency and liquidity test and how do we go about it. There are a number of controversial issues in regard to the conversion and buyback of shares which we will deal with. It is very clear that solvency and liquidity test is not being carried out properly, we will learn what the effect of this is. 4. FUNDAMENTAL TRANSACTIONS AND REGULATED PRIVATE COMPANIES INCLUDING AFFECTED COMPANIES We will be dealing with the situation where a private company under certain conditions can become regulated or affected. There is high risk in missing this condition if you don’t know about the company being regulated resulting in damage claims or a fundamental transaction being overturned. We will also be dealing with the situation in regard to all fundamental and affective transactions being the sale of the greater portion of the assets of the undertaking, amalgamation or merger and a scheme of arrangement and all the special unique requirements in regard to all these types of transactions. 5. MINORITY SHAREHOLDERS APPRAISAL RIGHTS WHERE MINORITIES BELIEVE THERE RIGHTS HAVE BEING EFFECTED Appraisal rights allow minority shareholders the right to force a company to buy them out where certain conditions are met. The appraisal right are just one of the remedies available to minority shareholders. 6. DIRECTORS REMOVAL How the law has changed in regard to the removal of a director. How do you go about the removal of a director that no one wants. We will look at court decisions which may be problematic. 7. DIGITAL SIGNATURES AND ELECTRONIC FILING OF ALL DOCUMENTATION The new Act allows Company Secretarial professionals the opportunity to keep everything in electronic format. We will discuss how this should be kept and in particular we will be discussing digital signatures and the law around this. 8. MAKING A PROFIT IN A SECRETARIAL PRACTICE AND SIGNED MANDATES We will discuss making a profit in your secretarial practice and why a mandate is so important. 9. CASE STUDIES We will discuss various case studies that have come across my desk. These case studies are about difficult situations which secretarial practitioners will be called in to resolve.