n Without Prejudice - The mine field of legal compliance : company law
|Article Title||The mine field of legal compliance : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2014|
|Pages||21 - 22|
In practice, dealing with the situation where shareholders of a private company, who are also its directors, have had a dispute and can no longer work together, is a frequent occurrence. In this situation, one of the shareholders may look to having the other shareholder removed from his capacity as a director and may take control over the business and affairs of the company to the exclusion of the other shareholder.
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