Definition of heir. 1  1 : one who receives property from an ancestor : one who is entitled to inherit property was her father's sole heir. 2  2 : one who inherits or is entitled to succeed to a hereditary rank, title, or office heir to the throne.
A charge will be void unless it is registered within 21 days and, as a consequence, will be void against a liquidator, administrator or any creditor of the Company. The petitioners were therefore left unsecured unless the court allowed them to register their charges late.
Registering your Company. In terms of the Companies Act, 2008, a company may be registered with or without a company name. When a company is registered without a reserved name, its registration number automatically becomes the company name. This is the quickest way to register a company.ach name reservation application costs R50. A company registration may vary between R125 and R475 (R125 for a private company, R475 for a non-profit company registered without members). There are five types of companies that you can register.