{"id":4625,"date":"2017-02-02T14:49:59","date_gmt":"2017-02-02T12:49:59","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=4625"},"modified":"2019-11-27T14:52:28","modified_gmt":"2019-11-27T12:52:28","slug":"property-law-update-issue-03-2017","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-03-2017\/","title":{"rendered":"Property Law Update | Issue 03 &#8211; 2017"},"content":{"rendered":"<h2>COMPANIES ACT AND HOA POWER TO LIMIT PROXIES<\/h2>\n<h3>Venter NO and Another v Silver Lakes Homeowners Association NPC (444994\/2016) [2017] ZAGPPHC 11 (20 January 2017)<\/h3>\n<p>The Companies Act allows members of a company to make use of proxies, without limitation on the amount of proxies one person can hold but subject to the provisions in the company\u2019s MoI. The related question that arose for determination in this case was whether it was competent for the board of directors of a homeowners&#8217; association &#8211; by adopting a new rule \u2013 to limit the amount of allowed proxies.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=64849241f4&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3D64849241f4%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1486121372168000&amp;usg=AFQjCNFH_uR1kSJiOqlXXXTj3ii65_5Dfw\"><span style=\"color: #e66a21;\">The Judgment<\/span><\/a><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=79035a74ff&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3D79035a74ff%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1486121372168000&amp;usg=AFQjCNFzR1XA5UuKMcHg2nlrV_pLaX21Sg\"><span style=\"color: #e66a21;\">Summary of the Judgment<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2>STBB&#8217;S STSMA REFERENCE GUIDE<\/h2>\n<p>In this, the tenth set of notes for your STSMA Reference Guide, the details of section 11 of the Act are provided. The effect of participation quotas and changes thereto is covered.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=8454d2ee2f&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3D8454d2ee2f%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1486121372168000&amp;usg=AFQjCNHQualp2nKRSgB0aKK7RwUNCgry4g\"><span style=\"color: #e66a21;\">Section 11 of the Act &#8211; Effect of participation quotas and changes thereto<\/span><\/a><br \/>\n<i>(N.B. Print in landscape)<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COMPANIES ACT AND HOA POWER TO LIMIT PROXIES Venter NO and Another v Silver Lakes Homeowners Association NPC (444994\/2016) [2017] ZAGPPHC 11 (20 January 2017) The Companies Act allows members of a company to make use of proxies, without limitation<\/p>\n","protected":false},"author":36,"featured_media":3150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-4625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Law Update | Issue 03 - 2017 - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-03-2017\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-03-2017\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-03-2017\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 03 &#8211; 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