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Companies Act, 2008 (Act No. 71 of 2008)

Chapter 7 : Remedies and Enforcement

Part F : Companies Tribunal adjudication procedures

180. Adjudication hearings before Tribunal

 

 

1) The Companies Tribunal
a) must conduct its adjudication proceedings contemplated in this Act expeditiously and in accordance with the principles of natural justice; and
b) may conduct those proceedings informally.

 

2) If adjudication proceedings before the Tribunal are open to the public, the Tribunal may exclude members of the public, or specific persons or categories of persons, from attending the proceedings—
a) if evidence to be presented is confidential information, but only to the extent that the information cannot otherwise be protected;
b) if the proper conduct of the hearing requires it; or
c) for any other reason that would be justifiable in civil proceedings in a High Court.

 

3) At the conclusion of adjudication proceedings, the presiding member must issue a decision together with written reasons for the decision.