
Ragavan and Others v Optimum Coal Terminal and Others (52832/2021) [2022] ZAGPJHC 22 (18 January 2022) - Ordinarily, the business and affairs of a company must be managed by or under the direction of its board of directors, and the board has the authority to exercise all of the powers and perform any of the functions of the company. That is unless the company is in Business Rescue. This episode examines and dissect the limitation on directors’ powers when the company is in business rescue and under the control of the Business Rescue Practitioners).