Restraint of trade clauses are often included in employment contracts as a standardized inclusion – this is a process which we hope will halt, as standardised clauses in this regard are most often unenforceable. Restraint of trade clauses must be specific, reasonable and worded in an unambiguous manner. Our Court’s […]
Continue ReadingIMPORTANCE OF SHAREHOLDERS AGREEMENTS
Shareholders agreements are crucial in that they are used to safeguard the interests of the shareholders of a particular entity. Apart from setting out the obligations and rights of the shareholders, the shareholders agreements also detailprocedures and/or guidelines pertaining to the management of the entity – in this regard, shareholders […]
Continue ReadingJudgements and credit checks
Quite often, members of the public are unaware of the numerous default judgements granted by our Court’s on a daily basis, and are accordingly unaware of judgements against their names. One often notices a judgement when a credit check is performed, in seeking to obtain finance from a registered credit […]
Continue ReadingRESIGNATION AND ABSCONDMENT BY EMPLOYEES
Employers often take cognisance of an employee’s resignation, but take no further steps in regard thereto – it most often being deemed unnecessary. Employers must, as a matter of fact, accept an employee’s resignation in writing. The aforesaid should be completed in both instances where an employee resigns orally or […]
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