Saturday Star

Run on Numbers CIPC has been found lacking in security matters

The Companies Act of 2008 intends to make business easier. But in practice, the opposite is happening through mismanagement and endless red tape.

On January 26 an inaugural meeting was held of the members of the Professional Company Secretarial Practitioners Organisation still to be formed. Approximately 250 members have joined the organisation, and that membership is expected to grow.

The chairperson welcomed the members and explained the need for the incorporation of such an organisation. He noted that he hoped it would achieve a better service delivery for the secretarial body, in terms of both the Companies and Intellectual Property Commission (CIPC), as well as the Master of the High Court.

The chairperson, Mark Silberman, said that an action plan was suggested, and the organisation would formulate an engagement to

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