In a recent news, some companies have had their directorship hijacked by fraudulent means. Unscrupulous individuals forged company resolution documents appointing themselves as directors and submitted these to the Companies and Intellectual Property Commission (CIPC). Upon lodging a dispute with the CIPC, the company was told they had to get a court order confirming directorship, and so the litigation began.
If your company has been hijacked, you need to act quickly to qualify for an urgent application.
It sounds like a plot from a movie – but unfortunately in South Africa, company hijackings happen. Resolving the issue requires expertise in Companies law and an application to the High Court to regain directorship. In such cases, it is ideal to launch an urgent application, and it is therefore essential to act quickly to fulfil the court requirements for such an application.
If you discover that directorship of your company has been hijacked, arrange a consultation with our commercial attorneys urgently to determine your rights and course of action.
Please note that this article represents a brief summary of commercial law, and is therefore meant for informative purposes only and does not constitute legal advice. For full legal advice on your commercial matter, please contact us to arrange a consultation.