Application for an extension of time to convene an annual general meeting of shareholders in terms of section 61(7)(b) of the Companies Act 71 of 2008 – section 61(7)(b) requires an applicant to show “good cause” to be granted relief – applicant’s grounds for extension based on the restrictions on movement and gathering of persons (applicant has over 2 100 shareholders) emanating from measures to combat COVID-19 pandemic imposed by way of regulations made under section 27(2) of the Disaster Management Act 57 of 2002 – good cause shown and extension granted until 28 August 2020.
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