Legal fight at Free Market Foundation pits its chair against president

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

France Nouvelles Nouvelles

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 Gqeberha businessman is set to appear in court after he was allegedly found in possession of counterfeit goods worth millions of rand.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.

Hull approached the Johannesburg high court in August challenging the legitimacy of the board of the FMF, arguing that it was improperly constituted. The matter revolves around a meeting on July 29 last year at which a new board was supposed to be elected. Van Schalkwyk, who deposed an answering affidavit on behalf of the board, asked the court to dismiss Hull's application with a punitive cost order.

Van Schalkwyk detailed efforts by what he referred to as the “Stratcom group” headed by Louw, whose aim was to appoint what he referred to as an “exclusive” board of seven members, as opposed to an inclusive board of 15 members. Van Schalkwyk said on the day of the election on July 29, an exclusive “board” of seven was announced unlawfully as an elected board.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Legal fight at Free Market Foundation pits its chair against presidentA funder of the Free Market Foundation has gone to court to contest the legality of the organisation's board, which was appointed last year.
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

Market data — October 25 2021Market data including bonds and fuel prices
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Actor Sello Maake ka Ncube is officially off the market & livin' it up in Zanzibar'I'll never let her go nor disappoint her,' Sello shared in another IG post. December is approaching and Bitcoin is currently doing the most, start a trade today with as low as $300 and get a profitable return of $10000 Like McDonald’s…aaa aaa aaa, I’m lovie this!
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »