Categories
SHAREHOLDERS SHARES

How to record a share re-organisation

InfoDocs offers four share re-organisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Below is an outline of each of the four transactions and […]

Categories
SHAREHOLDERS SHARES

How do I do a share re-organisation?

InfoDocs offers four share re-organisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Below is an outline of each of the four transactions and […]

Categories
CIPC COMPANY

Why has the converted company not updated on InfoDocs?

When a company has been converted from a CC to a (PTY) LTD, you might find that the company’s details on InfoDocs haven’t changed. The company on your profile in InfoDocs will not automatically update. Instead, you will need to add the company with its new registration number to your profile in order for all […]

Categories
CIPC COMPANY

How to convert a company

Company conversions are an important secretarial transaction as Closed Corporations (“CC”) slowly become extinct. With the implementation of the new Companies Act 71 of 2008 (as amended), almost all of the advantages of having a CC can now be obtained by converting a to a Private Company (“Pty Ltd”). While this process still has to […]