Tag: Company Compliance

Article courtesy of Law Dot News | Debit Recovery Debit Recovery - Now Creditors Can Apply for Directors to be Declared Delinquent “He who is quick to borrow is slow to pay” (Old proverb) Debit Recovery - A recent High Court decision means that, for the first time, creditors of debtor companies are specifically cleared to apply for the company’sRead more

Article courtesy of Law Dot News | Business Law - Company / Corporate Compliance Directors – When Are They Personally Liable? “… for the benefit of immunity from liability for its debts, those running the corporation may not use its formal identity to incur obligations recklessly, grossly negligently or fraudulently. If they do, they risk being made personally liable.” (QuotedRead more

Article courtesy of Law Dot News | Sexual Harassment A Victim of Sexual Harassment Must Report It “Immediately” “…sexual harassment is a heinous and horrendous conduct since it undermines the dignity of women and the values enshrined in our Constitution.” (Extract from judgment below) Employers have a strong duty to provide a safe workplace for their employees, and to protectRead more

Article courtesy of Law Dot News - Business Law Companies: Are Restraints of Trade Valid in a Time of Covid? “For him to be forced out of a career of choice to start working in a different field at a time when many businesses are closing down, retrenchments and lay-offs being commonplace and individual[s] doing everything possible to survive andRead more

Article courtesy of Law Dot News – When Company Directors & Shareholders  Come to Blows | Company Law When Company Directors and Shareholders Come to Blows... “…the mere exercise of majority shareholding voting rights does not amount to oppression…” (extract from judgment below) What happens when a company’s directors and shareholders fall out and cannot reconcile their differences? “Relief fromRead more