Companies Amendment Act 84 of 1980

The Companies Amendment Act 84 of 1980  intends:

• to amend the Companies Act, 1973 [repealed in May 2011], so as
• to further define the expression "Master";
• to provide for the renewal of the registration of a name as a defensive name;
• to authorize the Registrar of Companies to order in certain circumstances the change of certain names relating to companies, or a translation or shortened form thereof;
• to alter the words of the statement which has to be included arid subjoined to the name of an association not for gain; 
• to abolish certain fees and to further regulate the payment of certain additional fees;
• to prescribe the requirements which have to be complied with before any change in the situation of the registered office or of the postal address of a company shall for the purposes of the said Act take effect;
• to impose upon directors and secretaries of companies which are being wound up a duty to notify the liquidator of any change of address;
• to authorize a liquidator to terminate with the Master's consent certain leases before the first general meeting of the company or of the creditors or contributories is convened by him;
• to determine the conditions on which and the circumstances under which a liquidator may sell property of a company being wound up before the said first meeting is so convened; and
• to extend the powers of the Court to declare the dissolution of a company to have been void;
• relating to certain meetings of creditors of a company under judicial management;
• so as to provide for the payment of remuneration to a provisional judicial manager and a judicial manager of a company under judicial management; and
• to provide for incidental matters.

Commencement

25 June 1980