Status: Granted
Application for an extension of time to convene annual general meetings 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 gatherings of persons (applicant has around 6000 shareholders) emanating from measures to combat the 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 for the years ending 28 February 2020 and 28 February 2021 until 28 February 2022.
Decision Details
Decision Date:
6 October 2021
Decision Parties:
AMAANAT INVESTMENT HOLDINGS LIMITED
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