Section 501 of The Companies Act No. 17 of 2015: Evidence of grant of probate, etc

    

(1) If a document produced to a company is by law sufficient evidence of thegrant of—
(a) probate of the will of a deceased person;
(b) letters of administration, of the estate of a deceased person; or
(c) confirmation as executor of a deceased person, the company is obliged to accept the document as sufficient evidence of the grant.
(2) A company that refuses to comply with subsection (1) is liable to pay damages to any person who sustains loss in consequence of the refusal.


Disclaimer: This document is not to be taken as legal advise.

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