As we await the release of the CIPC’s Interim Report on its investigation and also the publication of Nova’s Annual Financial Statements for 2024, we provide this informative IOL article from April ’24 as a refresher on the scope of the investigation
We can say that not much has changed since April and it is still our understanding that the release of the report (the content of which will not be publicized as it is subject to recipient signature Non-Disclosure Agreements) is currently held up internally within CIPC, ostensibly due to the wide-ranging impact that it will have and also, its possible precedent-setting effect
Read further here:
www.iol.co.za/property/commercial/cipc-investigation-on-property-syn dication-schemes-to-be-released-715222e7-7121-4a6b-9048-19100ebd817b#google_ vignette