Removing Directors of a Company
The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which has the authority to exercise all of the powers and perform any of the functions of the company, except to the extent that the Companies Act or the company’s […]
Minutes of the board meetings
Clients are reminded of the legal requirements relating to board meetings as stipulated in Art. 73 (6), (7) and (8) of the Companies Act, 71, 2008. The Act requires a company to keep minutes of meetings of the board and of any of the board’s committees, and that a majority of the directors must be […]