Companies Act 58 Archives

Tag: Companies Act 58

Irrevocable shareholder undertakings: Valid and enforceable?

by GilesFiles | Aug 20, 2020 | 2020 onwards, Appeals, Causes and defences, Contractual breach, Courts, DN Unterhalter, High Court judges, Judges, Legal Practice, SCA judges, Statutory, Supreme Court of Appeal, Topics | 0 |

Women in Capital Growth (Pty) Ltd v Scott SCA decided matter in chambers and without argument and considered irrevocable shareholder undertakings provided on behalf of a company and after finding that the issues were moot,...

Lodge members’ proxies at any time before meeting

The SCA disallowed the appeal of a member of a Homeowners Association who disputed the validity of various resolutions taken at a meeting of members. The dispute concerned the validity of proxies. Section 58(1) of the...