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The prevention of conflict of interest as a fiduciary duty in South African Company Law

Mini Dissertation (LLM (Corporate Law))--University of Pretoria 2020.

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Other Authors: Scott, Johan (T. Johan)
Format: Thesis
Language:English
Published: University of Pretoria 2020
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access_status_str Open Access
author2 Scott, Johan (T. Johan)
author_browse Scott, Johan (T. Johan)
author_facet Scott, Johan (T. Johan)
collection Thesis
dc_rights_str_mv © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Mini Dissertation (LLM (Corporate Law))--University of Pretoria 2020.
format Thesis
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:37:11.641Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2020
publishDateRange 2020
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publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/77487 The prevention of conflict of interest as a fiduciary duty in South African Company Law Scott, Johan (T. Johan) marco@arc-attorneys.co.za Arcangeli, Marco Kalim Corporate Law UCTD Mini Dissertation (LLM (Corporate Law))--University of Pretoria 2020. First, the nature, ambit and effect of the director’s fiduciary duty to prevent conflict of interest (“the fiduciary duty”) as it is statutorily set out in the Companies Act 71 of 2008 (the “Companies Act” or “Act”) will be canvassed. Secondly, it will be demonstrated that a proper understanding of the common law concepts underpinning the Act is essential for both a proper understanding and effective application of the fiduciary duty as found in the Act. Thereafter, the paper will set out and consider the distinction between the “no profit” and the “corporate opportunity” rules. Further, the paper will examine whether and to what extent the distinction is applied and maintained by our courts. Also, this paper will explore the operation of the fiduciary duty post-resignation of directors and senior company officials. Next, consideration will be given to liability for breach of the fiduciary duty and the relevant remedies flowing therefrom. The research methodology employed throughout will be a non-empirical comparative analysis of existing case law, legislation, and academic writings on the topic to contextualize the fiduciary duty and attempt to capture its essential elements at the legislated and common law levels. The choice of English and Canadian Law for a comparative study is motivated by the fact that common law origins of the duty and subsequent approach to the continued application thereof by the aforementioned jurisdictions. Mercantile Law LLM (Corporate Law) Unrestricted 2020-12-23T07:30:42Z 2020-12-23T07:30:42Z 2021 2020 Mini Dissertation Arcangeli, MK 2020, The prevention of conflict of interest as a fiduciary duty in South African Company Law, LLM (Corporate Law) Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/77487> A2021 http://hdl.handle.net/2263/77487 en © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle Corporate Law
UCTD
The prevention of conflict of interest as a fiduciary duty in South African Company Law
title The prevention of conflict of interest as a fiduciary duty in South African Company Law
title_full The prevention of conflict of interest as a fiduciary duty in South African Company Law
title_fullStr The prevention of conflict of interest as a fiduciary duty in South African Company Law
title_full_unstemmed The prevention of conflict of interest as a fiduciary duty in South African Company Law
title_short The prevention of conflict of interest as a fiduciary duty in South African Company Law
title_sort prevention of conflict of interest as a fiduciary duty in south african company law
topic Corporate Law
UCTD
url http://hdl.handle.net/2263/77487