Special Investigating Units and Special Tribunals Act, 1996
R 385
Companies Act, 2008 (Act No. 71 of 2008)Chapter 7 : Remedies and EnforcementPart F : Companies Tribunal adjudication procedures180. 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. |