oa De Rebus - When are applications in terms of s 266 of the Companies Act frivolous and vexatious?

Volume 1985, Issue 204
  • ISSN : 0250-0329



When the Van Wyk De Vries commission recommended that a new remedy be provided to make it practically possible for a company to have recourse against delinquent directors who have occasioned a company loss, it faced the problem of ""adequate deterrents to inhibit frivolous and vexatious proceedings.

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