Answer to Question #192487 in Law for Lulu mbele

Question

Senzo, Paul,Salim and renster are employees of hazel Ltd. Haze makes loans Senzo and Mariam(an existing membe) to enable them to subscribe to shares of the company. Explain the requirements that must adhere to in terms of the companies act 71 of 2008 to validly provide financial assistance.

Answer 1

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