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.
< Previous CT00773ADJ2021
CT00823ADJ2021 Next >