Browsing by Author "Engelkamp, Holger"

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    'Increase of share capital of public companies under German and South African law: a comparative law study.'
    (2011) Engelkamp, Holger; Jooste, Richard
    The German Aktiengesetz (Engl.: Stock Corporation Act) of 6 September 1965 (hereinafter: the Aktiengesetz) and the South African Companies Act, 43 of 1973 (hereinafter: the 1973 Act) provide, or rather provided for a similar approach with respect to the increase of share capital of public companies I through the issuance of shares: Both the Aktiengesetz (see§ 182 Aktiengesetz2 ) and the 1973 Act (see s 221 of the 1973 Act) basically required an approval of the shareholders, which had to immediately precede the issuance of new shares.