Legal fight at Free Market Foundation pits its chair against president

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

South Africa Headlines News

A funder of the Free Market Foundation has gone to court to contest the legality of the organisation's board, which was appointed last year.

A funder of the Free Market Foundation is challenging the legitimacy of the the 'board'. The fight has seen the president of the foundation, Leon Louw, being accused by the board chairman of being behind the challenge.A funder of the Free Market Foundation has gone to court to contest the legality of the organisation's board, which was appointed last year.

Van Schalkwyk, in his response to Hull's application, alleged that Louw was behind the application by Hull. Louw has denied that allegation. Hull said by the time the voting took place, the meeting was no longer in session. He said that, accordingly, the election of the board was unlawful and a nullity. He said the effect of this was that no new board was elected at the 2020 AGM and that the board that was in place before the July 2020 meeting remains the operative board of the FMF.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

eSwatini: when will it be free?Pudemo president Mlungisi Makhanya blamed the royal family’s undemocratic excesses for the continued fresh outbreak of eSwatini protests.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Market data — October 25 2021Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

Tactical police team free hostages as dad demands instant pension payoutA man who held five employees hostage at an insurance company, demanding his pension be paid out immediately, has been arrested by a police tactical response team in the Free State. Maturing democracy according to the ANC
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Tactical police team free hostages as dad demands instant pension payoutA man who held five employees hostage at an insurance company, demanding his pension be paid out immediately, has been arrested by a police tactical response team in the Free State. Talk about losing your cool These companies are criminals also, why don’t they get investigated with THIER delayed tactics when paying out. Legit scam Forfeited now
Source: TimesLIVE - 🏆 28. / 59 Read more »

Government 'confident' all security measures in place to ensure free, fair electionsThe JCPS cluster said according to their security threat assessment, the country is relatively stable to hold the 1 November polls.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

WATCH: Market ReportBusiness Day TV talks to Viv Govender from Rand Swiss Offshore and Willem Oldewage from Nitrogen Fund Managers
Source: BDliveSA - 🏆 12. / 63 Read more »