Company: Shareholders: Oppression: Oppressive or Unfairly Prejudicial Conduct: Section 252 of the Companies Act 61 of 1973: party entitled to remedy under s 252: member is someone whose name has been entered in the company’s register of members as contemplated in s 105 of the Companies Act. Locus standi: Beneficial owners of shares in a company not eligible to join as co-applicants with relevant nominees holding the shares on their behalf and subject to their instructions.
Media Summary