The Companies Tribunal is an agency of the Department of Trade, Industry and Competition (the dtic) established in terms of section 193 of the Companies Act 71 of 2008. It is an alternative to courts, established to resolve company disputes speedily and for free.
To provide quick access to justice, and a relief to courts in terms of their caseload.
The Companies Tribunal adjudicates applications/complaints made in terms of the Companies Act such as
- Company name disputes
- Directorship disputes
- Exemption from establishing social and ethics committee
- Review of compliance notices issued by Companies and Intellectual Property Commission (CIPC)
- Extension of time to prepare annual financial statements
- Extension of time to convene the AGM
- Review of CIPC decision
Parties must fill the relevant form and attach the supporting document and submit them to the Registrar using the following methods:
Refer to the filing procedure for further details.
- Walk ins/ delivered to the physical address;
- Registered mail to the postal address;
- Online
Refer to the filing procedure for further details.
Anyone can file an application or lodge a complaint with the Tribunal and must state the section of the Companies Act on which the application is based.
You do not need to have legal representation i.e an attorney or advocate. Any person can represent themselves before the Tribunal.
For matters that are before the Tribunal for adjudication the period stated in the act for the parties to exchange documents is 45 working days. After that period has lapsed the Tribunal takes 35 working days to issue a decision. It takes about 80 working days from the date of lodging a complaint to receipt of the Tribunal’s decision.
For matters that are before the Tribunal for ADR, the process takes less than 25 working days.
The Tribunal is a speedy dispute resolution body and always strive to improve its turnaround time.
For matters that are before the Tribunal for ADR, the process takes less than 25 working days.
The Tribunal is a speedy dispute resolution body and always strive to improve its turnaround time.
You can approach the High Court of South Africa to have the the Tribunal decision's reviewed.
The Tribunal does not charge fees for its services.
Each case is judged on its own merits. The Presiding Tribunal Member/s may grant an order for costs according to the circumstances of each case.
Tribunal decisions are binding and enforceable. For instance when an order to remove a director has been granted by the Tribunal, the applicant can approach CIPC with the order to have the director removed from the company.