2023年3月10日 · A letter of demand in terms of section 345 of the Companies Act No. 61 of 1973 (the “Old Act”) is a powerful tool for debtors who are owed an amount of money exceeding …

2025年2月3日 · According to section 345, a company is considered insolvent if it receives a letter of demand for payment of its debts and it does not pay the debt within three weeks, or if the …

2023年11月13日 · Under Section 345 of the South African Companies Act, a letter of demand is a formal notification sent to a company or an individual, demanding payment of a debt owed. …

A letter in terms of section 345 of the Companies Act 61 of 1973 (“the Act”) demands payment from a juristic debtor and reserves the right to launch a liquidation application against the …

Online Services allows you to make changes to business addresses, names, ownership information, sublocations, closeouts, and more. Simply login with your username and …

344 provides for instances in which a company can be wound up. Sub- “345. When company deemed unable to pay its debts.‒(1) A company or body corporate shall be deemed to be …

Each Special Taxes and Fees account(s) is owned by a different entity. Please fle a separate CDTFA-345-SP for each entity.

In application proceedings for liquidation, a Section 345 Notice (also referred to as a statutory demand) is sent to the debtor in accordance with section 345 of the old Companies Act (as …

2015年6月10日 · On request, your attorney or legal advisor will direct a letter in terms of section 345 of the Act to the debtor company demanding payment of the outstanding amount within 3 …

A Sec 345 demand is very effective in South Africa when dealing with recalcitrant debtors as those who don’t pay up or dispute the debt on bona fide, reasonable and substantial grounds …