The Companies Act, No 71 of 2008 (the Act) explicitly grants shareholders the right to appoint proxies to participate in, speak and vote at shareholders...
Introduction
This article canvases, at a basic level, some of the aspects that you, as a prospective or current sectional title owner, would need to know...
Background
Under the 1973 Companies Act, a company was entitled to require a proxy to be lodged on or before a particular time, in order for that proxy to be valid. The rationale for this provision was to give sufficient time to enable the officer presiding at a meeting…