Comments for Bentley Credit Management

Comment on Amendments to Administration Orders on Route by Pauline

Pauline — Wed, 16 May 2012 15:10:26 +0000

Hi Mokhantso, you can just fax your 74U document as well as a coppy of your id to all the bureax and they will remove your status within 7 to 10 working days.

Comment on Over 750 000 Companies and Close Corporations Deregistered by JONN

JONN — Wed, 02 May 2012 14:24:50 +0000

To their credit CIPRO only deregisters after about 6 months of posting this notice on their website against the name of the business so they give plenty time.

To the negative, their website is a mess. They are years behind in processing documentation relative to changing of accounting officers, changing of members, changing of registered business addresses, etc. which causes huge problems in other arenas of one’s business. There is a nifty facility on their website where on can ostensibly change some of this on-line but the facility has never worked.

I would say untill CIPRO have got their act together they should not apply punitive measures.

The problem is actually much bigger. CIPRO and the relative legislation pertaining to business is adminstered by the DTI who seems to have bitten off much more than they can handle. They have also recently been allocated the Consumer Protection Act which they have to administer and roll out. It is an even bigger mess – if that is possible.

And all in the DTI stick their heads in the sand and hide away. Hats off to the fortunate individual who manages to get hold of just one manager of the numerous at the DTI and enduce him to take responsibility for his job and resolve a problem, or even answer a phone – just once. There is a bottle of Bells whisky on it – from me. EISCH.

Comment on Amendments to Administration Orders on Route by Mokhantso MohaleSydwell

Mokhantso MohaleSydwell — Thu, 23 Feb 2012 16:35:29 +0000

I have been under administration and i was finished paying them and they gave me the 74u letter showing i have paid them off on 17-02-2012.
The thing they said to me before i join to them they said, the day they give me the letter i can be able to open accounts again.
Now on 22 i went to the bank for the loan, they told me i still appear under administration.
my quesion is what must i do to be cleared under administration?

Comment on Amendments to Administration Orders on Route by Mondli

Mondli — Wed, 13 Jul 2011 13:45:49 +0000

Is it possible to get out of administration order without a lawyer,direct application to surrender?

Comment on Don’t Let a Blank Suretyship Leave You With A Blank Expression by Desiree

Desiree — Wed, 20 Apr 2011 13:31:34 +0000

What I would like to know is this. All of the surety documents I have received stipulate that the person who is signing on behalf of the company is signing as co-principal debtor. Is this allowed when signing on behalf of the company? How can an employee be held accountable if the company does not honor it’s commitments to pay the creditor?

Comment on NCR Declarator Appeal Decision Given by Highest Court by Linda

Linda — Thu, 14 Apr 2011 08:45:40 +0000

Would this also apply to body corporate levies? Certain Managing Agents charge such exporbitant interest, collection and legal charges that these far exceed the amount of the actual levies owed and as a result people are having their homes repossessed.

Comment on SA Law Reform Commission on Admin Orders by Amendments to Administration Orders on Route | Bentley Credit Management

Amendments to Administration Orders on Route | Bentley Credit Management — Tue, 12 Apr 2011 08:00:36 +0000

[...] March 2008 we pointed out that South African Law had proposed abolition of administration orders under Section 74 of the Magistrates Court Act, in light of the introduction of debt counselling [...]

Comment on Companies Act farce by National Credit Act – Where to Now? | Credit Management News & Tips by Compuscan

Mon, 11 Apr 2011 05:51:26 +0000

[...] However it is submitted that while the Task Team has taken a very pragmatic approach and made some very good suggestions, there is one glaring problem which has not been addressed. All of these solutions need to be built on the foundation of the legislation National Credit Act – a piece of legislation which one of a series of half baked pieces of legislation which have made the… [...]

Comment on NCR In Duplum Judgment to be heard by Supreme Court by Brett Bentley

Brett Bentley — Thu, 07 Apr 2011 06:47:43 +0000

See article on the Supreme Court of Appeal judgment http://www.creditmanagement.co.za/ncr-declarator-appeal-decision-given-by-highest-court/

Comment on New Companies Act Delayed Again by Brett Bentley

Brett Bentley — Fri, 01 Apr 2011 10:51:39 +0000

DTi statement :

the dti RECOMMENDS 01 MAY 2011 AS IMPLEMENTATION DATE FOR THE
COMPANIES ACT

The Department of Trade and Industry (the dti) acknowledges the high volume of enquiries regarding implementation date of the Companies Act. In terms of the Act,implementation date of the Act shall be the date on which the Act is proclaimed. the dtican confirm that after all the technical processes required have been completed. It has recommended to Presidency to provide 01 May 2011 as implementation date. The
Department reiterates that all the necessary systems and processes necessary for the operation of the Companies and Intellectual Property Commission, including the appointment of the Commissioner and Deputy Commissioner, are on track.