Luxury golf estate faces criminal charge for not playing by Companies Act rules | News24

A luxury golf estate is preparing to square off with the Companies and Intellectual Property Commission after it found itself on the wrong side of the green in terms of the law.

The board of directors of the Links Golf Club and the St Francis Links Home owners Association in St Francis Bay, Eastern Cape have been informed their disclosure certificates were being red flagged for non-compliance, with the CIPC in the process of amending their status as the entities seek legal advice.

The agency is also preparing an affidavit to open a criminal case for referral to the National Prosecuting Authority for failing to comply with the Companies Act.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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