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ASSIGNMENT 1WD Read the case of Organisation Undoing Tax Abuse v Myeni {case number 15996i201?}. In this case, the High Court of South Africa {Gauteng
ASSIGNMENT 1WD Read the case of Organisation Undoing Tax Abuse v Myeni {case number 15996i201?}. In this case, the High Court of South Africa {Gauteng Division) declared Ms. Myeni a delinquent director under section 162(5) of the South Africa Companies Act, zone. The Namibian Companies Act 23 of 2004 does not have a statutory remedy equivalent to section 162. If the fact of Myeni concerned a director of a Namibian company, how do you think the matter would have been decided? In your answer, address the following from a Namibian perspective, referring both to common law and the Companies Act: {i} the relevant breaches of duties; {ii} who may institute action for the relevant breaches; and (iii) the possible remedies against the delinquent director
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