Tag Archives: Directors

Aggrieved Minority Shareholders – You Have Plenty of Options

The Companies Act gives directors substantial leeway to run a company and gives them considerable powers to do this. So how does it protect minority shareholders who disagree with how the directors operate the business? What remedies are available to … Continue reading

Posted in Business | Tagged , , | Comments Off on Aggrieved Minority Shareholders – You Have Plenty of Options

Directors Don’t Like Goodbyes

“Parting is such sweet sorrow” (Shakespeare) One of the predicted negatives from the Companies Act (the Act) and the King Codes was it would be difficult to find directors. The Act and King Codes put extensive liabilities on directors, encouraged … Continue reading

Posted in Business | Tagged , , | Comments Off on Directors Don’t Like Goodbyes

A warning to directors and company owners: Shareholder activism is growing

Recently a minority shareholder in Lewis Stores applied to the Court to have four of its directors declared delinquent, an action which the directors are reportedly opposing and which is sure to provide an interesting case study on how corporate … Continue reading

Posted in Business | Tagged , , | Comments Off on A warning to directors and company owners: Shareholder activism is growing