College of Law, Department of Mercantile Law
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LML4806: Company Law
Assignment 2 | Semester 2, 2026
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LML4806
Module Code:
Company Law
Module Name:
Validity of a shareholders’ meeting and the
Essay Topic:
removal of a director
Assignment 2
Assignment Number:
2026
Due Date:
20
Total Marks:
Submitted in partial fulfilment of the requirements for Company Law, UNISA 2026
, UNISA | LML4806 Company Law: Assignment 2
Contents
1 Question 1.1: Validity of the Calling and Convening of the Shareholders’ Meet-
ing 3
1.1 1.1.1 The Power to Call a Meeting Vests in the Board as a Collective Body 3
1.2 1.1.2 Failure to Give Notice to Mbeu Wealth is a Fatal, Not a Curable,
Defect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
1.3 1.1.3 Failure to Establish a Record Date . . . . . . . . . . . . . . . . . . . . 4
1.4 1.1.4 The MOI Reinforces, Rather Than Relaxes, These Requirements 5
1.5 1.1.5 The Appropriate Remedy and Prospects of Success . . . . . . . . . 5
2 Question 1.2: Validity of Talia’s Removal as a Director 7
2.1 1.2.1 The Procedural Safeguards in Section 71(1) and (2) . . . . . . . . 7
2.2 1.2.2 Application to the Facts . . . . . . . . . . . . . . . . . . . . . . . . . . 7
2.3 1.2.3 Prospects of Success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Table of Cases 9
Table of Legislation 10
Bibliography 11
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