Answer to Question #193755 in Law for Matheus Shongola

Question #193755

Montavi (Pty) Ltd is a private company with the following shareholders:

 

  1. Sem, who has been declared a prodigal by the High Court
  2. Nusiku, Sem’s 25 year old daughter
  3. Nelson, Sem’s 25 year old son
  4. Oshini CC, the trustee of a testamentary trust with Nelson and Okathimeti (Pty) Ltd as the only beneficiaries of the trust
  5. Starlight (Pty) Ltd, the curator of the insane Ouma Kwatha, mother of Sem

 

During a general meeting of the members of Montavi (Pty) Ltd, it is decided that it would be to the benefit of all if Montavi (Pty) Ltd were to convert into a close corporation. Montavi (Pty) Ltd wants to know whether it can be converted into a close corporation. Advise.


1
Expert's answer
2021-06-09T11:48:30-0400
Dear Matheus Shongola, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order

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