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Posted on 31 May 2017
Case number: CT007FEB2016
Case type: Exemptions
Decisions Status: Refused

The applicant is a subsidiary of JT Ross and Son (Pty) Ltd. Together, they are part of the JT Ross Group of companies (the JT Ross Group). The JT Ross Group has common directors. It is submitted that there are committees within the JT Ross Group performing the functions of a social and ethics committee (SEC), ostensibly for the JT Ross Group, including the applicant. Therefore, the applicant ought to be granted an exemption from the requirement to appoint an SEC in terms of section 72(5)(a) of the Companies Act 71 of 2008 (the Companies Act), read with regulation 431 of the Companies Regulations, 2011 (Company Regulations).

Decisions and Orders

Date of Decision: 16 Mar 2016

Decisions Status: Refused

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