{"id":221,"date":"2019-04-22T13:56:11","date_gmt":"2019-04-22T13:56:11","guid":{"rendered":"https:\/\/gometa.co.za\/info\/?p=221"},"modified":"2019-04-22T13:56:11","modified_gmt":"2019-04-22T13:56:11","slug":"how-do-i-change-directors-cipc","status":"publish","type":"post","link":"https:\/\/uni1.co.za\/articles\/how-do-i-change-directors-cipc\/","title":{"rendered":"How do I change directors CIPC?"},"content":{"rendered":"\n<div class=\"advads-atf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-3115911750\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads atf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"8381596201\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div><p>he memorandum of incorporation (MOI) determines the minimum number of directors and alternate directors, which, in the case of a private company may not be less than one director.&nbsp; A customised MOI will also set out the eligibility requirements for a director as well as the directors&#8217; term of office.&nbsp; In the case of a standard MOI, the term of office is indefinite and there is no restriction on the number of directors. New directors may be elected by the Board of Directors when there is a vacancy or the company wishes to add directors.&nbsp; Vacancies on the board arise if a director:<\/p>\n\n\n<ul class=\"wp-block-list\"><li>resigns or dies<\/li><li>ceases to hold the office, title or designation in the company that entitles the person to be an ex officio director,<\/li><li>becomes incapacitated or disqualified or<\/li><li>is removed.<\/li><\/ul>\n\n\n<p>A director may be removed by:<\/p>\n\n\n<ul class=\"wp-block-list\"><li>An ordinary resolution adopted at a shareholders&#8217; meeting by the persons entitled to exercise voting rights in the election of that director.&nbsp; The director concerned must be given notice of the meeting and the resolution, at least equivalent to that which a shareholder is entitled to receive, regardless of whether the director is a shareholder.&nbsp; The director must be afforded a reasonable opportunity to make a presentation in person or through a representative to the meeting before the resolution is put to a vote.<\/li><li>A resolution of the board because it has determined that the director in question has become ineligible or disqualified in terms of section 69 of the Act, is unable to perform the functions of a director and is unlikely to regain that capacity within a reasonable time or has neglected or been derelict in the performance of the functions of a director.<\/li><li>An order of the court confirming the resolution of the board or removing the director from office if the court is satisfied that the director is ineligible or disqualified, incapacitated, or has been negligent or derelict.<\/li><\/ul>\n\n\n<p>A director may be appointed by the Board of Directors, unless the Memorandum requires shareholder approval.&nbsp;<\/p>\n\n\n<p>In order to appoint, resign or remove a director, please follow these steps:<\/p>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/8614\/0870\/0775\/1.png\" alt=\"\"\/><\/figure>\n\n\n<h3 class=\"wp-block-heading\">Register as a Customer<\/h3>\n\n\n<p>To view information on how to register as a customer,&nbsp;<a href=\"http:\/\/www.cipc.co.za\/index.php\/register-your-business\/register-customer\/\">click here<\/a>.&nbsp; If you are already registered as a customer, and know your customer code and password, proceed to step 2.<\/p>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/9114\/0870\/0776\/2.png\" alt=\"\"\/><\/figure>\n\n\n<h3 class=\"wp-block-heading\">Apply for the director change online<\/h3>\n\n\n<ul class=\"wp-block-list\"><li>Click on&nbsp;<a href=\"http:\/\/www.cipc.co.za\/index.php\/line-transacting\/\">On-line transacting<\/a>, and then on&nbsp;<a href=\"http:\/\/eservices.cipc.co.za\/\" target=\"_blank\" rel=\"noreferrer noopener\">Company Director Changes<\/a>.<\/li><li>Login, using your customer code and password and follow the prompts.<\/li><li>Click on Amend Company Director Details.<\/li><li>The Enterprise Details and Current Director Details will be displayed.<\/li><li>Enter the First Listed Director&#8217;s ID Number, tick the circle to confirm that the details as listed belong to the company that you want to change the directors for.<\/li><li>Indicate if you want to add a new director, or if there are no new directors.<\/li><li>Complete the required fields relating to the new Director, and click on Save.<\/li><li>If you want to add another director, click on &#8220;Add Another New Director&#8221;.&nbsp; Once all the new directors have been added, click on Continue.<\/li><li>If you want to edit any details relating to the current director, click on Edit. &nbsp; Click on Continue.<\/li><li>Confirm any changes, and click on Lodge.<\/li><li>The tracking number of the transaction will be displayed.&nbsp; An email with CoR39 documentation, as well as the requirements relating to supporting documents will be sent to the customer and to all company directors.<\/li><li>An authorised director(s) of the company or company secretary of the company should sign the CoR39 document.&nbsp; Where it is signed by any other person other than a director or company secretary a power of attorney must be attached.&nbsp;<\/li><li>The customer who logged in with his\/her customer code must sign the document as well.<\/li><\/ul>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/7814\/0870\/0777\/3.png\" alt=\"\"\/><\/figure>\n\n\n<h3 class=\"wp-block-heading\">Scan and email supporting documents<\/h3>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/3914\/0905\/9801\/icons-doc.png\" alt=\"icons-doc.png\"\/><\/figure>\n\n\n<p>The following supporting documents must be included in your e-mail:<\/p>\n\n\n<ul class=\"wp-block-list\"><li>Certified identity copy of applicant<\/li><li>Resolution pertaining to the changes<\/li><li>Notice and minutes if the decision was taken in a meeting<\/li><li>Certified ID copies of affected directors<\/li><li>Mandate by the company for the third party to submit on behalf of the company<\/li><\/ul>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/7414\/0905\/9806\/icons-upload.png\" alt=\"icons-upload.png\"\/><\/figure>\n\n\n<p>Email all relevant documents to CIPC:&nbsp;&nbsp;<a href=\"mailto:eservicescor39@cipc.co.za\">eServicesCOR39@cipc.co.za<\/a>.&nbsp;<\/p>\n\n\n<p>Please note that the email address&nbsp;<a href=\"mailto:eservicescor39@cipc.co.za\">eServicesCOR39@cipc.co.za<\/a>&nbsp;should only be used if the director amendments (CoR39) is lodged electronically.<\/p>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/4014\/0905\/9805\/icons-time.png\" alt=\"\"\/><\/figure>\n\n\n<p>Service turnaround time:&nbsp; 5 working days from the date of receipt of the supporting documents.<\/p>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/6414\/0905\/9803\/icons-enquire.png\" alt=\"\"\/><\/figure>\n\n\n<p><a href=\"http:\/\/enquiries.cipc.co.za\/\">Click here<\/a>&nbsp;to lodge an enquiry.<\/p>\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Important:&nbsp;<\/strong>&nbsp;Queries relating to&nbsp; transactions already lodged should only be submitted once the&nbsp;<a href=\"http:\/\/www.cipc.co.za\/index.php\/about\/our-service-turnaround-times\/\">Service Turnaround Time<\/a>&nbsp;has lapsed.<\/p><\/blockquote>\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"http:\/\/www.cipc.co.za\/files\/8714\/0923\/1023\/icons-tracking.png\" alt=\"\"\/><\/figure>\n\n\n<p>You can track the progress of your document by visiting the&nbsp;<a href=\"http:\/\/www.cipc.co.za\/index.php\/line-transacting\">Track my transactions<\/a>&nbsp;page on the website.&nbsp; Sign in with your customer code and password, and click on Transaction Status.<\/p><div class=\"advads-content\" id=\"advads-3841602108\"><div style=\"width: 300px; padding: 20px; margin: 0 auto; border: 1px solid #ddd; border-radius: 8px; background-color: #f9f9f9; text-align: center; font-family: Arial, sans-serif;\">\r\n    <p style=\"font-size: 16px; margin: 0 0 10px;\">Need Information or Confused about Something ? <\/p>\r\n    <a href=\"https:\/\/onlineapplications.co.za\/ask\/\" style=\"display: inline-block; padding: 10px 20px; background-color: #007BFF; color: #fff; text-decoration: none; border-radius: 4px; transition: background-color 0.3s;\">Ask a Question<\/a>\r\n<\/div>\r\n<\/div><div class=\"advads-btf\" style=\"margin-top: 15px;margin-bottom: 20px;\" id=\"advads-1986127368\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9198760278752355\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Responsive ads btf -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-9198760278752355\"\n     data-ad-slot=\"5513273173\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/div>\n<div class=\"advads-cpc\" id=\"advads-2128870843\"><p>&nbsp;<\/p>\n<hr \/>\n<p>Sponsored Guide<\/p>\n<hr \/>\n<p><strong>Complete Guide to NSFAS Online Loan Application for South African Students (2025)<\/strong><\/p>\n<p>If you are a South African student looking to pursue higher education but are facing financial difficulties, the <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is one of the most accessible funding options available. NSFAS provides financial aid in the form of <strong>bursaries and loans<\/strong> to qualifying students at public universities and TVET colleges in South Africa.<\/p>\n<p>This guide will walk you through <strong>everything you need to know about the NSFAS loan application process<\/strong>, from eligibility requirements to application steps and frequently asked questions.<\/p>\n<hr \/>\n<h2>\ud83d\udccc What is NSFAS?<\/h2>\n<p>The <strong>National Student Financial Aid Scheme (NSFAS)<\/strong> is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.<\/p>\n<p>NSFAS <strong>offers both bursaries and income-contingent loans<\/strong>:<\/p>\n<ul>\n<li><strong>Bursaries<\/strong>: For eligible students who meet academic and household income criteria (especially for TVET and university students).<\/li>\n<li><strong>Loans<\/strong>: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.<\/li>\n<\/ul>\n<hr \/>\n<h2>\u2705 Who Qualifies for an NSFAS Loan?<\/h2>\n<p>To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:<\/p>\n<ul>\n<li>Be a <strong>South African citizen<\/strong>.<\/li>\n<li>Be <strong>financially needy<\/strong>, with a household income of <strong>less than R350,000 per year<\/strong>.<\/li>\n<li>Have a <strong>valid South African ID<\/strong>.<\/li>\n<li>Be <strong>enrolled or accepted<\/strong> to study at a <strong>public university or TVET college<\/strong>.<\/li>\n<li>Not be funded through another bursary program that covers all expenses.<\/li>\n<li>Maintain satisfactory <strong>academic progress<\/strong> (returning students).<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcda Courses Funded by NSFAS<\/h2>\n<p>NSFAS primarily funds <strong>undergraduate qualifications<\/strong>, but certain <strong>postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB)<\/strong> may be considered under the <strong>NSFAS loan scheme<\/strong>, not bursaries.<\/p>\n<p>If you\u2019re studying:<\/p>\n<ul>\n<li><strong>Undergraduate degree or diploma<\/strong>: You are likely eligible for a full NSFAS bursary.<\/li>\n<li><strong>Postgraduate study<\/strong>: You may qualify for a loan, depending on the course and funding availability.<\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcc4 Required Documents for NSFAS Application<\/h2>\n<p>When applying, make sure you have the following documents scanned and ready:<\/p>\n<ol>\n<li><strong>Certified copy of your South African ID or Smart Card<\/strong>.<\/li>\n<li><strong>Parent(s) or guardian(s) ID documents<\/strong>.<\/li>\n<li><strong>Proof of income<\/strong> (latest payslips, UIF, or affidavit if unemployed).<\/li>\n<li><strong>Consent Form<\/strong> signed by your parent(s)\/guardian(s) to allow NSFAS to verify income.<\/li>\n<li><strong>Proof of registration or acceptance at a public institution<\/strong>.<\/li>\n<li><strong>Academic transcripts<\/strong> (for continuing or postgraduate students).<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udda5\ufe0f How to Apply for an NSFAS Loan Online<\/h2>\n<h3>Step-by-Step NSFAS Online Application Process (2025)<\/h3>\n<ol>\n<li>\n<h3><strong>Visit the NSFAS Website<\/strong><\/h3>\n<p>Go to: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li>\n<h3><strong>Create an Account<\/strong><\/h3>\n<ul>\n<li>Click on <strong>\u201cMyNSFAS\u201d<\/strong> and register your profile.<\/li>\n<li>You\u2019ll need a <strong>valid email address<\/strong> and <strong>South African cellphone number<\/strong>.<\/li>\n<li>Choose a strong password and verify your account via email or SMS.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Login and Start the Application<\/strong><\/h3>\n<ul>\n<li>After registration, log in to your <strong>MyNSFAS<\/strong> account.<\/li>\n<li>Click on <strong>\u201cApply\u201d<\/strong> to begin a new application.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Fill in Your Personal Details<\/strong><\/h3>\n<ul>\n<li>Input your <strong>ID number<\/strong>, name, surname, and other details exactly as they appear on your ID.<\/li>\n<li>Provide <strong>household income information<\/strong> and living arrangements.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Upload Required Documents<\/strong><\/h3>\n<ul>\n<li>Upload all supporting documents in <strong>PDF or JPEG format<\/strong>.<\/li>\n<li>Each document must be clear and under the size limit specified.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Submit Your Application<\/strong><\/h3>\n<ul>\n<li>Review your application for accuracy.<\/li>\n<li>Click <strong>\u201cSubmit\u201d<\/strong> and wait for a confirmation message.<\/li>\n<\/ul>\n<\/li>\n<li>\n<h3><strong>Track Your Application<\/strong><\/h3>\n<ul>\n<li>Log in regularly to check your application status.<\/li>\n<li>You will be notified via SMS and email at each stage of the process.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\uddd3\ufe0f Important NSFAS Dates (2025)<\/h2>\n<ul>\n<li><strong>Application Opening Date<\/strong>: September 1, 2025<\/li>\n<li><strong>Application Deadline<\/strong>: January 31, 2026<\/li>\n<li><strong>Appeals Period<\/strong>: February 2026 (if rejected)<\/li>\n<li><strong>Disbursement<\/strong>: After registration and approval<\/li>\n<\/ul>\n<p><em>Note: Dates are subject to change; always confirm on the official NSFAS website.<\/em><\/p>\n<hr \/>\n<h2>\ud83d\udcb8 What Does the NSFAS Loan Cover?<\/h2>\n<p>NSFAS funding typically includes:<\/p>\n<ul>\n<li><strong>Tuition fees<\/strong><\/li>\n<li><strong>Registration fees<\/strong><\/li>\n<li><strong>Accommodation (if living away from home)<\/strong><\/li>\n<li><strong>Meals and transport<\/strong><\/li>\n<li><strong>Learning materials (e.g., textbooks)<\/strong><\/li>\n<\/ul>\n<p>For <strong>loans<\/strong>, repayment is only required <strong>once you start working and earn above a threshold<\/strong> (around R30,000 annually, but subject to change).<\/p>\n<hr \/>\n<h2>\ud83d\udd04 NSFAS Loan Repayment<\/h2>\n<p>Repayments are:<\/p>\n<ul>\n<li><strong>Income-contingent<\/strong> \u2013 you only repay when you can afford to.<\/li>\n<li>Administered by <strong>DHET (Department of Higher Education and Training)<\/strong>.<\/li>\n<li><strong>Interest-bearing<\/strong>, but interest rates are low and favorable.<\/li>\n<\/ul>\n<p>You can also apply for a <strong>partial loan conversion to a bursary<\/strong> if you perform well academically.<\/p>\n<hr \/>\n<h2>\ud83d\udd01 How to Appeal a Rejected NSFAS Application<\/h2>\n<p>If your application is rejected, you may submit an appeal via your MyNSFAS portal:<\/p>\n<ol>\n<li>Log into your MyNSFAS account.<\/li>\n<li>Click on <strong>\u201cTrack Funding Progress\u201d<\/strong>.<\/li>\n<li>If rejected, click on <strong>\u201cSubmit Appeal\u201d<\/strong>.<\/li>\n<li>Upload any missing or corrected documents.<\/li>\n<li>Provide a clear explanation or motivation.<\/li>\n<\/ol>\n<hr \/>\n<h2>\ud83d\udcf1 NSFAS Contact Information<\/h2>\n<ul>\n<li><strong>Website<\/strong>: <a href=\"https:\/\/www.nsfas.org.za\/\">https:\/\/www.nsfas.org.za<\/a><\/li>\n<li><strong>Email<\/strong>: <a href=\"mailto:info@nsfas.org.za\">info@nsfas.org.za<\/a><\/li>\n<li><strong>Toll-Free Number<\/strong>: 08000 67327 (Monday\u2013Friday, 8 AM\u20135 PM)<\/li>\n<li><strong>Twitter<\/strong>: <a href=\"https:\/\/twitter.com\/myNSFAS\">@myNSFAS<\/a><\/li>\n<li><strong>Facebook<\/strong>: <a href=\"https:\/\/www.facebook.com\/myNSFAS\">NSFAS<\/a><\/li>\n<\/ul>\n<hr \/>\n<h2>\ud83d\udcdd Final Tips Before Applying<\/h2>\n<ul>\n<li>Apply <strong>early<\/strong> to avoid system overload near the deadline.<\/li>\n<li>Use <strong>your own email and cellphone number<\/strong> (do not use someone else\u2019s).<\/li>\n<li>Double-check that all your documents are <strong>certified and legible<\/strong>.<\/li>\n<li>Keep a <strong>copy of your submission confirmation<\/strong> for reference.<\/li>\n<\/ul>\n<hr \/>\n<p>By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams\u2014without the burden of immediate financial pressure.<\/p>\n<p>&nbsp;<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>he memorandum of incorporation (MOI) determines the minimum number of directors and alternate directors, which, in the case of a private company may not be less than one director.&nbsp; A customised MOI will also set out the eligibility requirements for a director as well as the directors&#8217; term of office.&nbsp; In the case of a\u2026 <span class=\"read-more\"><a href=\"https:\/\/uni1.co.za\/articles\/how-do-i-change-directors-cipc\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-221","post","type-post","status-publish","format-standard","hentry","category-articles"],"_links":{"self":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/comments?post=221"}],"version-history":[{"count":0,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/posts\/221\/revisions"}],"wp:attachment":[{"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/media?parent=221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/categories?post=221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uni1.co.za\/articles\/wp-json\/wp\/v2\/tags?post=221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}