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n Without Prejudice - One size doesn't fit all : company law

Volume 12, Issue 1
  • ISSN : 1681-178X
USD

 

Abstract

The Companies Act (71 of 2008) requires boards to comprise:

  1. : at least one director in addition to the minimum number of directors required (in terms of the company Memorandum of Incorporation (MOI) or in terms of the Companies Act) to appoint an audit committee or a social and ethics committee;
  2. : at least three directors in addition to the minimum number of directors required (in terms of the company MOI or in terms of the Companies Act) to appoint an audit committee or a social and ethics committee.

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/content/jb_prej/12/1/EJC49917
2012-02-01
2016-12-10

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