n Without Prejudice - Keeping employees in the loop : company law
|Article Title||Keeping employees in the loop : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 North West High Court|
|Publication Date||Sep 2015|
|Pages||16 - 17|
The Supreme Court of Appeal in EB Steam Company (Pty) Ltd v Eskom Holdings Soc Ltd 2015 (2) SA 526 (EB Steam) had to consider what amounts to proper service on employees of a company in terms of s346(4A) of the Companies Act (61 of 1973) (the 1973 Act). The court made it clear that the provisions of s346(4A) are peremptory and if the applicant fails to comply with the provision the court will not grant a final winding-up order.
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