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- SandtonJohannesburg Regional Office, 1 Protea Place, Sandown, Sandton, Gauteng, South Africa, 2196
- Web: www.cliffedekkerhofmeyr.com
- Tel: +27 11 562 1000
- Fax: +27 11 562 1111
- View ranked office
- Cape Town11 Buitengracht Street, PO Box 695, Cape Town, Western Cape, South Africa, 8000View ranked office
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“To set-off or not to set-off?”
Set-off allows the termination of obligations without an exchange of performance. Where parties are indebted to one another, set-off operates automatically under the common law when the requirements for set-off are satisfied. Under sections 90 and 124 of the National Credit Act (NCA), the process is…
Ruling on unitised incentive scheme does not provide much clarity
An employee incentive scheme that is commonly used works as follows: A company forms a trust. The company funds the trust, and the trust then uses the funds to buy shares in the company. The employees of the company are given units in the trust, usually free of charge. The units entitle the employees…
“To set-off or not to set-off?”
Set-off allows the termination of obligations without an exchange of performance. Where parties are indebted to one another, set-off operates automatically under the common law when the requirements for set-off are satisfied. Under sections 90 and 124 of the National Credit Act (NCA), the process is…
Ruling on unitised incentive scheme does not provide much clarity
An employee incentive scheme that is commonly used works as follows: A company forms a trust. The company funds the trust, and the trust then uses the funds to buy shares in the company. The employees of the company are given units in the trust, usually free of charge. The units entitle the employees…