Employees and minority shareholders have edged closer to getting powers to take legal action against directors for breach of good faith when the Companies and Other Entities Bill, currently before Parliament and set to go through public hearings, becomes law.
This comes as parliamentary portfolio committees for the Companies and Other Entities Bill, the Tripartite Negotiating Forum Bill and the Consumer Protection Bill will be holding separate public hearings on the proposed laws between February 25 and March 1, 2019.
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