Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10001673818
This article examines when it would be appropriate to hold a former director accountable for the appropriation of corporate opportunities which take place after his resignation from a company. It identifies and discusses various principles which may be deduced from the common-law jurisprudence...
Persistent link: https://www.econbiz.de/10012824941
This article examines the specific fiduciary duties of directors which apply when the board of directors removes a director from office under section 71(3) of the South African Companies Act 71 of 2008. The consequences of a breach of such duties is also examined, as well as the controversial...
Persistent link: https://www.econbiz.de/10012824974
Both sections 71(3) and 163 of the Companies Act 71 of 2008 are innovative in South African company law in that the former section permits the board of directors to remove a fellow director from office, while the latter section extends the oppression remedy to directors. Previously, under the...
Persistent link: https://www.econbiz.de/10012824976
The Companies Act 71 of 2008 introduced into South African law a provision which for the first time permits the board of directors to remove another director from office in certain instances. This provision is contained in section 71(3). Compared to the equivalent provision in some leading...
Persistent link: https://www.econbiz.de/10012825028
outside shareholders willing to impose management changes. Is governance in Continental Europe more effective? The answer is …
Persistent link: https://www.econbiz.de/10011623302