Delinquent directors under the Companies Act 71 of 2008: Gihwala v Grancy Property Limited 2016 ZASCA 35

Article English OPEN
Cassim, R;
(2016)
  • Publisher: North-West University (Potchefstroom Campus)
  • Subject: Company law | delinquent directors | section 162(5) of the Companies Act 71 of 2008 | retrospectivity | prescription period | purpose of section 162(5) | substantial misconduct of directors | discretion of court

The Companies Act 71 of 2008 has introduced into our company law an innovative provision which permits a wide range of persons to apply to court to declare a director delinquent. This provision is contained in section 162 of the Companies Act 71 of 2008. The effect of a... View more
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