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%

México Noticias Noticias

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.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 28. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Market data — October 25 2021Market data including bonds and fuel prices
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

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