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Thread: Director Appointments, effective date?

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    Director Appointments, effective date?

    Hi,

    Anyone know when the effective appointment date is of new directors; is it when they accept the appointment or only when the appointment has been registered with CIPC?

    I have new directors which have accepted appointments and I will file with CIPC tomorrow but I still await a board resolution to change auditors and wonder if the new directors should be included in the resolution before their appointment has been registered with CIPC? It's one of those companies...

    Thanks,

    Moriarty

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    Silver Member Greig Whitton's Avatar
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    Per Section 66(7) of the Companies Act, a person becomes a director as soon as:

    1. They have been appointed or elected; and
    2. They have provided written consent to serve as a director.

    Therefore, you don't have to wait until the CIPC has registered any changes to your board of directors.

    Founder of Evergrow - Helping South African business owners grow their business without the growing pains

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    Thanks Greig.

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