- Flynote
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Consequences of conversion of a close corporation into a company in
terms of s 29C(1) of the Companies Act 61 of 1973 and vice versa, in terms of the Close Corporation Act 69 of 1984 - validity of suretyship concluded by company after it had converted from a close corporation - company cited in suretyship as a close corporation - absence of any hiatus or interruption of juristic personality upon
conversion - appeal dismissed
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