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List the circumstances under which the members of a CC may lose their limited liability as stated in sections 63

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List the circumstances under which the members of a CC may lose their limited liability as stated in sections 63 and 64 of the Close Corporations Act.

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The Close Corporations Act as of my last knowledge update in September 2021 is specific to South Africa and governs the operation and management of cl…View the full answer


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Fundamental Accounting

Fundamental Accounting

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Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit

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Question Details
Chapter # 24- CLOSE CORPORATIONS (CCs)
Section: Questions
Problem: 1
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Question Posted: September 05, 2023 01:50:55
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