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Fraud and mismanagement

Can a Solvent Company be Wound Up by a Minority Shareholder? Insights from the Dreyer vs Afristat Investment Holdings Case

Delve into the Dreyer vs Afristat Investment Holdings [2024] ZAGPPHC142 judgment, a case from the North Gauteng High Court on winding up solvent companies amid allegations of fraud and mismanagement. Discover how this ruling emphasizes the stringent criteria under Section 81 of the Companies Act, safeguarding economic stability and shareholder rights.

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Removal of a director Rule 53

Understanding the Pityana vs. Absa Group Ltd Case: A Guide to Director Removal and Legal Review

Explore the pivotal Pityana V Absa Group Ltd case analysis from 2024, delving into director removal, corporate governance, and the critical role of Uniform Rule 53 in ensuring procedural fairness and transparency under the South African Companies Act. Understand the court’s decision, its impact on legal review processes, and the procedural rights it highlights for directors and stakeholders

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