Tag: Companies Act 71 of 2008

Lifting corporate veil: Common law principles

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Authorising financial statements: Director’s liability?

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Minority shareholder oppression: Pricing policy terms

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Oppressive company conduct: Unfair shareholder prejudice

Valencia Holdings 13 (Pty) Ltd v Armitage NO Oppressive company conduct considered on appeal by full bench and decided that the “conduct complained of by the respondent in relation to the appellants are not the type of...

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Lawful employment termination: compliance with contract

Moyo v Old Mutual Ltd Lawful employment termination confirmed by high court after considering and rejecting all the alleged breaches and decided that the abandonment of the main claim for re-instatement did not do away with the...

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Business rescue practitioners: No conflict of interest

Oakbay Investments (Pty) Ltd v Tegeta Exploration and Resources (Pty) Ltd Considering possible conflict of interest by business rescue practitioners SCA stated that “An examination of the sub-sections of s 139(2) reveals...

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Business rescue practitioners: Payments voided

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Business rescue practitioners: No grounds for removal

Knoop NO v Gupta (Tayob Intervening) SCA confirmed two general principles that apply to removal of business rescue practitioners (BRPs) and confirmed that it is not something to be ordered lightly and that the primary reason...

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Conflicting interests considered: Employee and executive director

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Business rescue practitioners: Operational dismissals

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Supervision and business rescue: Management and control

Matshazi v Mezepoli Melrose Arch (Pty) Ltd Supervision and business rescue and high court rejected the contention that the applications were brought for an ulterior purpose in order to wrest control from the current management...

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