{"id":21307,"date":"2024-08-05T19:27:33","date_gmt":"2024-08-05T17:27:33","guid":{"rendered":"https:\/\/www.cipc.co.za\/?p=21307"},"modified":"2024-08-05T19:27:33","modified_gmt":"2024-08-05T17:27:33","slug":"progress-update-on-objectives-outlined-in-the-media-release-published-on-06-august-2022","status":"publish","type":"post","link":"https:\/\/www.cipc.co.za\/?p=21307","title":{"rendered":"Progress update on objectives outlined in the media release published on 06 August 2022"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.18.0&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.25.1&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#e7e7e8&#8243; custom_padding=&#8221;0px||53px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p style=\"text-align: justify;\">Inter-Regulator Investigation On Nova Propgrow Holdings Ltd, Sharemax Investments (Pty) Ltd And The Property Syndication Industry<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">1. On 10 August 2022, the CIPC published a Media Release (\u201cthe publication\u201d) titled \u201cCOMPLIANCE NOTICE ISSUED TO NOVA PROPGROW GROUP HOLDINGS LTD\u201d, with a subheading \u201cInter-Regulator Investigation Following Failure to Satisfy the Commission from a Notice to Show Cause Regarding Reckless Trading or Trading Under Insolvent Circumstances\u201d.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\"><a href=\"https:\/\/www.cipc.co.za\/wp-content\/uploads\/2024\/08\/Media-Release-Update_Nova_Sharemax-inter-reg-investigation.pdf\">Media Release <span>5 of 2024<\/span><\/a><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inter-Regulator Investigation On Nova Propgrow Holdings Ltd, Sharemax Investments (Pty) Ltd And The Property Syndication Industry 1. On 10 August 2022, the CIPC published a Media Release (\u201cthe publication\u201d) titled \u201cCOMPLIANCE NOTICE ISSUED TO NOVA PROPGROW GROUP HOLDINGS LTD\u201d, with a subheading \u201cInter-Regulator Investigation Following Failure to Satisfy the Commission from a Notice to Show [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-21307","post","type-post","status-publish","format-standard","hentry","category-notices"],"_links":{"self":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/21307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21307"}],"version-history":[{"count":2,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/21307\/revisions"}],"predecessor-version":[{"id":21310,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/posts\/21307\/revisions\/21310"}],"wp:attachment":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}