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1 Form CM 4 REPUBLIC of SOUTH AFRICA COMPANIES ACT

1 Form CM 4 REPUBLIC of SOUTH AFRICA COMPANIES ACT

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we now move on to the memorandum of Incorporation the memorandum of Incorporation basically shows the powers of the company and its directors what can happen is that the company can specifically adopt the standard templates which are contained in the Companies Act or if required it can have its own memorandum of incorporation specifically drawn for its own needs of the company and specifically drafted for the company if the memorandum of incorporation is modified or if we're using a unique MRI it is invalid to the extent that it will conflict with the basic provisions of the Companies Act you have to understand that the Companies Act at all times will remain supreme an MRI may include any matter that the Act does not specifically address in other words it's adding to the Companies Act and it may alter any ultracal provision within the Companies Act it may impose more onerous requirements on the company and its directors than the Companies Act itself does so long as thes

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