Companies Act, 2008 (Act No. 71 of 2008)
Chapter 9 : Offences, Miscellaneous Matters and General Provisions
Part B : Miscellaneous matters
218. Civil actions
|1)||Subject to any provision in this Act specifically declaring void an agreement, resolution or provision of an agreement, Memorandum of Incorporation, or rules of a company, nothing in this Act renders void any other agreement, resolution or provision of an agreement, Memorandum of Incorporation or rules of a company that is prohibited, voidable or that may be declared unlawful in terms of this Act, unless a court has made a declaration to that effect regarding that agreement, resolution or provision.|
|2)||Any person who contravenes any provision of this Act is liable to any other person for any loss or damage suffered by that person as a result of that contravention.|
|3)||The provisions of this section do not affect the right to any remedy that a person may otherwise have.|
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