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Posted on 3 Mar 2021
Case number: CT00589ADJ2021
Case type: Annual general meeting
Decisions Status: Dismissed

Application for an extension of time to convene an annual general meeting of members of the applicant – restrictions or measures introduced to combat the COVID-19 pandemic cited as ground for the application – applicant is a non-profit company – application ostensibly based on s 61(7)(b) of the Companies Act 71 of 2008 – held, despite s 10(3), read with s 10(1), of the Companies Act providing that s 61(7)(b) would apply to non-profit companies “with the changes required by the context”, non-profit companies are not required to convene annual general meetings – held, s 61(7)(b) is only applicable to public companies – held, application fails due to lack of jurisdiction of the part of this Tribunal to grant the relief sought

Decisions and Orders

Date of Decision: 2 Mar 2021

Decisions Status: Dismissed

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