What is the right point in time to appoint a proxy? The effect of the recent SCA judgement of Richard du Plessis Barry v Clearwater Estate NPC 2017 (3) SA 364 (SCA).
S58(1) of the Companies Act no. 71 of 2008 (the “Act”) grants shareholders the right to be represented by proxy either at a shareholders meeting or to give or withhold consent where shareholders act other than at a meeting (s60 of the Act). This is an important right, especially where a company’s shareholders are disbursed, […]