COMPANY LAW Archives - Dirk Uys Prokureurs | Attorneys https://uyslaw.com/category/company-law/ Bredasdorp, Western Cape Wed, 13 May 2015 19:05:13 +0000 en-US hourly 1 Abuse of juristic personality https://uyslaw.com/abuse-of-juristic-personality/ Wed, 13 May 2015 18:54:20 +0000 http://uyslaw.com/?p=475 Members of close corporations are well advised to take note of the judgment in Airport Cold Storage (Pty) Ltd v Ebrahim and Others 2008 (2) SA 303 (C). On the facts, the Court had no difficulty in issuing an order declaring the members of the close corporation personally liable for the corporation’s debts. In coming to its conclusion, the Court […]

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]]> Personal liability of directors https://uyslaw.com/personal-liability-of-directors/ Wed, 13 May 2015 18:36:08 +0000 http://uyslaw.com/?p=463 This was a claim by S for an order declaring B personally liable, in terms of s 424 of the Companies Act 61 of 1973, for payment of the sum of R164 653.55 being the amount of a default judgment granted in favour of S against company P. The question for decision was whether or not S had proved, […]

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