Director's Duty to Act for a Proper Purpose in the Context of Distribution under the Companies Act 71 of 2008
This paper seeks to critically analyse the requirements of the duty imposed on directors to act for a proper purpose as provided in section 76(3)(a) of the 2008 Act (Companies Act 71 of 2008) whenever they distribute company money and/or property. This analysis is conducted with the obligations imp...
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| Format: | Article |
| Language: | Afrikaans |
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North-West University
2019-09-01
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| Series: | Potchefstroom Electronic Law Journal |
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| Online Access: | https://journals.assaf.org.za/index.php/per/article/view/4221 |