Results 1 to 2 of 2

Thread: No law to liquidate ANCYL

  1. #1
    MyGaming Alumnus James's Avatar
    Join Date
    Aug 2010
    Location
    MyGaming Hive
    Posts
    12,047

    Default No law to liquidate ANCYL



    There is no law that allows for the African National Congress Youth League to be wound up, the High Court in Johannesburg heard on Friday.

    John Peter, for the ANCYL, said an application for the liquidation of the organisation by Z2 Presentations, trading as University Events Management (UEM), was a "bad winding up application".

    "The Companies Act does not permit the winding up of a body corporate other than a company," he said.

    ...read more here: No law to liquidate ANCYL

  2. #2
    Assassin of Accountants Ike_009's Avatar
    Join Date
    Jun 2012
    Location
    Pretoria
    Posts
    7,799

    Default

    But I'm sure they can liquidate its members. Nobody can be allowed to escape their debt obligations
    My ignore list: n/a

Similar Threads

  1. ANCYL disbanded: reports
    By James in forum Off Topic
    Replies: 0
    Last Post: 18-03-2013, 08:00 AM
  2. ANCYL moving away from anarchy: Lamola
    By James in forum Off Topic
    Replies: 0
    Last Post: 15-03-2013, 11:40 AM
  3. ANC, ANCYL working on weaknesses
    By James in forum Off Topic
    Replies: 0
    Last Post: 22-01-2013, 01:20 PM
  4. Ancyl twunts!
    By Hiro in forum Off Topic
    Replies: 31
    Last Post: 05-09-2011, 03:11 PM
  5. ANCYL Site hacked ... again
    By shadowfox in forum Off Topic
    Replies: 24
    Last Post: 10-08-2011, 03:44 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •