Tag: Companies Act 71

Irrevocable shareholder undertakings: Valid and enforceable?

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,...

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Debarring service provider: FAIS Act interpreted and applied

Associated Portfolio Solutions (Pty) Ltd v B In allowing the appeal concerning the debarring of a financial service provider the SCA confirmed that the “FAIS Act vests the power to debar in persons who inevitably would...

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