SciELO - Scientific Electronic Library Online

 
vol.23 número1Do the SALINI Criteria apply to the Definition of an Investment provided in Annex 1 of the 2006 and 2016 SADC Protocol on Finance and Investment? An AssessmentHate Speech and Racist Slurs in the South African Context: Where to Start? índice de autoresíndice de assuntospesquisa de artigos
Home Pagelista alfabética de periódicos  

Serviços Personalizados

Artigo

Indicadores

Links relacionados

  • Em processo de indexaçãoCitado por Google
  • Em processo de indexaçãoSimilares em Google

Compartilhar


Potchefstroom Electronic Law Journal (PELJ)

versão On-line ISSN 1727-3781

Resumo

KILIAN, N. Legal Implications relating to being "Entitled to Serve" as a Director: A South African-Australian Perspective. PER [online]. 2020, vol.23, n.1, pp.1-27. ISSN 1727-3781.  http://dx.doi.org/10.17159/1727-3781/2020/v23i0a8174.

This article focusses on an Australian piece of legislation and interesting case law, as well as on how the Federal Court of Australia has applied Australia's Corporations Act, 2001 to characterise a person as a de facto director - that is, as a professed director whose appointment as such was defective. In this regard, the decisions of that Court will, as envisaged in the Constitution of the Republic of South Africa, 1996 constitute persuasive authority. The Australian decision to be discussed in this article is significant in that the South African Companies Act 71 of 2008 does not contain substantively similar provisions to those of Australia's Corporations Act 2001. For example, section 66(7) of South Africa's Companies Act, 2008 contains the phrase "entitled to serve" as a director. This article explains the legal implications relevant to that expression, including whether it imposes a statutory condition precedent. This article also considers the validity of decisions taken by a person who is not "entitled to serve" as a director.

Palavras-chave : De facto director; De jure director; director liability; board of directors; decisions of the board of directors; contractual condition; entitled to serve; written authority; estoppel.

        · texto em Inglês     · Inglês ( pdf )

 

Creative Commons License Todo o conteúdo deste periódico, exceto onde está identificado, está licenciado sob uma Licença Creative Commons