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The liability of directors for fraudulent and/or reckless trading: Section 424 of the Companies Act 61 of 1973
One of the chief principles of company law is that a company is a separate legal personality and that the liability of a member in a company, limited by shares, is limited to the amount, if any, unpaid on his shares. A problem down the years has been to prevent these principles being exploited by th...
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| Language: | English |
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Department of Commercial Law
2021
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