Do shareholders need any reasons whatsoever, to remove a director from the board of a company?
In the recent decision of Weir v Wiehahn Formwork Solutions (Pty) Ltd & others, the High Court was faced with a fairly simple question: do shareholders who seek to remove a director from a company’s board in terms of a shareholders’ meeting, need to give that director their reasons for wanting the r…
When a Withdrawal Doesn’t Really Withdraw: Provisional Liquidation is not Set Aside by Withdrawal
We were recently reprimanded by an opponent for having the temerity to insist on a final liquidation order on behalf of a client, after the applicant in the insolvency proceedings had already elected to withdraw. This brought to mind the recent decision of the Northwest Division of the High Court, w…
South African Commercial Law Blog 