Electronic signatures legally binding
Electronic signatures have been given the legal thumbs up, following a recent appeal court judgement. “The decision provides long awaited certainty as to the effect of electronic communications in business, given technological developments in recent decades, and will...Organisations underestimate POPI challenges
As local businesses wait for the Protection of Personal Information Bill (POPI) to officially be signed into law, Iain Wadds, regional pre-sales manager of SecureData Africa, believes many organisations are not doing enough to prepare for the far-reaching consequences...E-mails to be binding in court
A ruling by the South African Supreme Court of Appeal (SCA) on 21 November 2014 should be noted by anyone using e-mail, SMS and WhatsApp messaging, writes Ramsay Webber’s Gareth Cremen. The landmark ruling determined that that e-mail negotiations and typed...Paper could be the downfall of compliance
Organisations wanting to toe the compliance line when it comes to regulatory requirements linked to PoPI and FICA, must factor paper-based documentation into their governance, risk and compliance strategies, or run the risk of non-compliance, says Andrew Griffith,...Dangers of voting against a business rescue plan
Creditors take heed: Not understanding business rescue and the Companies Act 71 of 2008 could see you voting against the business rescue plan. A creditor could be forced to sell his voting interests and claims against the company for little or no value to any affected...