Removing A Minority Shareholder
The Companies Act 71 of 2008, as amended (“Companies Act”), provides for the protection of minority shareholders’ rights. Section 163 of the Companies Act allows for a minority shareholder to apply to a court for relief should they feel oppressed, unfairly prejudiced,...
The Importance of a Good Shareholders Agreement
When establishing a company, or even buying into an existing company, many individuals opt for a basic set of agreements. In particular, the company’s Memorandum of Incorporation and the Shareholders Agreement. However, opting for your more basic agreements will not...
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