LML4806
Semester 1 Assignment 2 - 2026
Company Law
QUESTION 1
1.1 Type of transaction and whether the companies are regulated companies
The transaction described in the scenario constitutes a disposal of all or the
greater part of the assets or undertaking of Buffalo Haulage Ltd, as contemplated
in section 112 of the Companies Act 71 of 2008. In terms of the agreement,
Mahamba Logistics Ltd acquires all the assets and liabilities of Buffalo Haulage Ltd
for a specified consideration, after which Buffalo Haulage Ltd will be deregistered.
Semester 1 Assignment 2 - 2026
Company Law
QUESTION 1
1.1 Type of transaction and whether the companies are regulated companies
The transaction described in the scenario constitutes a disposal of all or the
greater part of the assets or undertaking of Buffalo Haulage Ltd, as contemplated
in section 112 of the Companies Act 71 of 2008. In terms of the agreement,
Mahamba Logistics Ltd acquires all the assets and liabilities of Buffalo Haulage Ltd
for a specified consideration, after which Buffalo Haulage Ltd will be deregistered.