1887

n Without Prejudice - Majority rule and minority protections : company law

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Abstract

is one of the founding principles of South African company law. It means that the majority of the votes decides the company's affairs and, therefore, obliges the minority to abide by their decisions. Consequently courts will refuse to interfere with the majority's decision as long as these decisions are within the ambit of the law.

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/content/jb_prej/10/9/EJC49395
2010-10-01
2016-12-04
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