• The Rights of the Minority Against Majority Rule. A Critical Analysis of the South African Companies Act 71 of 2008

Publisher:
Lambert Academic Publishing
Publication date:
2012-03-02
Authors:

(Mr. T. C. Ramoseme holds a B.A degree in Administration & Politics, an LL.B degree & two LL.M degrees in Labour Law & Social Security, & in the Law of Business Entities. He is an Arbitrator, Lecturer & the author of “Maternity Protection Under the Labour Code Wages Order: A source for Discrimination" & “The Impact of Closed Shop Agreements".)
ISBN:
9783848423088

Description:

The arguments in this book are based on the opinion that the South African Companies Act 71 of 2008, does not provide sufficient protection to the minority shareholders against the common law principle of majority rule. The analysis demonstrates that minority protection under the Act, faces a number of challenges that emanate from the application of this principle. It is argued that as a result of the insufficiency in the protection of minority shareholders against the majority rule principle, minority shareholders are exposed to fraud and abuse of powers by the majority shareholders. In an attempt to address this situation, an investigation is made into the English company law on the protection of minority shareholders against majority rule.

MATERIAS: minority shareholders, majority shareholders, majority rule principle, protection of minority shareholders.

Project-Id-Version: 0.1 POT-Creation-Date: 2011-02-21 18:53+0100 PO-Revision-Date: 2010-08-27 09:14+0100 Last-Translator: Mireia Pijoan <mireia@quicksilvertranslate.com> Language-Team: LANGUAGE <LL@li.org> MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit Plural-Forms: nplurals=2; plural=(n != 1); X-Generator: Pootle 1.1.0

Summary