LML4806
Assignment 1 Semester 1 2026
Unique number
Due Date: March 2026
Detailed solutions, explanations, workings
and references.
+27 81 278 3372
, QUESTION 1
Type of company: Multicuisine Ramatla (RF) Ltd
Multicuisine Ramatla (RF) Ltd is a ring-fenced private company, as indicated by the
expression “(RF)” immediately following its name. In terms of the Companies Act 71
of 2008, a company must include the designation “(RF)” in its name where its
Memorandum of Incorporation (MOI) contains restrictive conditions or prohibitions on
amendment.1 The purpose of this designation is to alert third parties that certain
provisions of the MOI are entrenched or subject to special amendment requirements.
A ring-fenced company is not a separate category of company under section 8 of the
Act, but rather a private company with enhanced constitutional protection.2 Its
defining feature is that certain provisions in its MOI are either subject to stricter
amendment procedures than those set out in section 16, or are absolutely prohibited
from amendment.3 Where such restrictions exist, the Notice of Incorporation must
draw attention to them, and third parties are deemed to have knowledge of these
restrictions.4
1
Companies Act 71 of 2008 s 11(3)(b).
2
Companies Act 71 of 2008 s 8.
3
Companies Act 71 of 2008 s 16.
4
Companies Act 71 of 2008 s 19(4).
Varsity Cube 2026 +27 81 278 3372
Assignment 1 Semester 1 2026
Unique number
Due Date: March 2026
Detailed solutions, explanations, workings
and references.
+27 81 278 3372
, QUESTION 1
Type of company: Multicuisine Ramatla (RF) Ltd
Multicuisine Ramatla (RF) Ltd is a ring-fenced private company, as indicated by the
expression “(RF)” immediately following its name. In terms of the Companies Act 71
of 2008, a company must include the designation “(RF)” in its name where its
Memorandum of Incorporation (MOI) contains restrictive conditions or prohibitions on
amendment.1 The purpose of this designation is to alert third parties that certain
provisions of the MOI are entrenched or subject to special amendment requirements.
A ring-fenced company is not a separate category of company under section 8 of the
Act, but rather a private company with enhanced constitutional protection.2 Its
defining feature is that certain provisions in its MOI are either subject to stricter
amendment procedures than those set out in section 16, or are absolutely prohibited
from amendment.3 Where such restrictions exist, the Notice of Incorporation must
draw attention to them, and third parties are deemed to have knowledge of these
restrictions.4
1
Companies Act 71 of 2008 s 11(3)(b).
2
Companies Act 71 of 2008 s 8.
3
Companies Act 71 of 2008 s 16.
4
Companies Act 71 of 2008 s 19(4).
Varsity Cube 2026 +27 81 278 3372
