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  • 29-05-2024
  • Business
Answered

The directors of Koma Business Solutions (Pty) Ltd discover that Mpho, one of their co-directors, has been redirecting company funds from the accounts of Koma Business Solutions (Pty) Ltd to his personal account. They also discover that these illicit transactions have been taking place undetected for a period of five years. Consider whether the board will have grounds to successfully obtain a delinquency order against Mpho in terms of the Companies Act 71 of 2008.

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