delinquency

Why South African law on directors' delinquency is open to abuse: The delinquency clause seeks to raise standards of good behaviour expected of directors. ShutterstockFor the first time in South African company law, courts have the power to declare directors delinquent. This remedy was introduced as part of the overhaul of South Africa’s corporate law regime in 2011. It is an … [Read more...] about Why South African law on directors’ delinquency is open to abuse | The Conversation