close corporation definition

close corporation means a close corporation within the meaning of the Close Corporations Act, 1984 (Act No. 69 of 1984);
close corporation means a juristic person incorporated under the Close Corporations Act, 1984 (Act No. 69 of 1984);
close corporation means a corporation as defined in section 1 of the Close Corporations Act, 1984 (Act No 69 of 1984);

Examples of close corporation in a sentence

  • The operational and financial studies have been conducted based on internal available sources of information provided by the Close Corporation and supported by data collected through various sources.

  • If the cedent is a Trust, Company, Close Corporation, other juristic person or natural person acting for the cedent, the signatory must submit written proof of this authority to effect this cession.

  • The BRP has relied on data and information provided by the Close Corporation and Affected Persons.

  • The following Plan and report have been compiled in terms of Section 150 of the Companies Act 71 of 2008 and is based on the investigations made into the Close Corporation’s affairs, business, property, and financial situation, which forms the basis for considering whether there is any reasonable prospect of the Close Corporation being rescued.

  • Mr/Mrs/Ms. , whose signature appears below, has been authorised to sign all documents in connection with this bid on behalf of (Name of Close Corporation) ……………………………………................................................


More Definitions of close corporation

close corporation means a close corporation registered under the Close Corporations Act, 1988 (Act 26 of 1988);
close corporation means a for-profit corporation that elects to be governed as a close corporation in accordance with Subchapter O, Chapter 21.
close corporation means a corporation as defined in section 1 of the Close Corporations Act, 1988, (Act No. 26 of 1988);
close corporation. ’ means a juristic person incorporated under the Close 10
close corporation means a close corporation within the meaning of the Close Corporations Act, 1988 (Act No. 26 of 1988);
close corporation means a domestic corporation
close corporation means a corporation incorporated under the Close Corporations Act, 1988 (Act No. 26 of 1988);