All sections · Part VII: Directors · Sub-Part I: Management of companies
132 delegación de facultades
This section has been amended. The text above is the 2016 wording; the amending provisions follow.
(1) Sin perjuicio de las limitaciones previstas en los estatutos de la sociedad, el consejo de administración de una sociedad podrá delegar una o varias de sus facultades en una comisión de administradores, en un administrador o en un empleado de la sociedad, o en cualquier otra persona, con la salvedad de que los administradores no estarán facultados para delegar las siguientes facultades, a saber
(a) autorizar las distribuciones de la sociedad, incluida la determinación, en virtud de la sección 70(1) o 71(1), de que la sociedad cumple la prueba de solvencia inmediatamente después de una distribución propuesta;
(b) modificar la Escritura o los Estatutos; (c) nombrar comités de directores;
(d) delegar autoridad a un comité de directores; (e) nombrar o destituir directores;
f) nombrar o destituir a un representante;
(g) aprobar cualquier plan o cualquier fusión, consolidación o acuerdo; o
h) la aprobación de la disolución voluntaria de la Sociedad en el marco de
(2) Una junta que delega un poder bajo la subsección (1) es responsable del ejercicio del poder por el delegado como si el poder hubiera sido ejercido por la junta, a menos que la junta -
(a) en cualquier momento antes del ejercicio del poder, que el delegado ejercería el poder de acuerdo con los deberes impuestos a los administradores de la Sociedad por esta Ley y los Estatutos de la Sociedad se cree con motivos razonables; y
(b) ha supervisado el ejercicio de la autoridad del delegado mediante métodos apropiados aplicados correctamente.
Subsección II - Nombramiento, destitución y dimisión de los administradores
(a) autorizar las distribuciones de la sociedad, incluida la determinación, en virtud de la sección 70(1) o 71(1), de que la sociedad cumple la prueba de solvencia inmediatamente después de una distribución propuesta;
(b) modificar la Escritura o los Estatutos; (c) nombrar comités de directores;
(d) delegar autoridad a un comité de directores; (e) nombrar o destituir directores;
f) nombrar o destituir a un representante;
(g) aprobar cualquier plan o cualquier fusión, consolidación o acuerdo; o
h) la aprobación de la disolución voluntaria de la Sociedad en el marco de
(2) Una junta que delega un poder bajo la subsección (1) es responsable del ejercicio del poder por el delegado como si el poder hubiera sido ejercido por la junta, a menos que la junta -
(a) en cualquier momento antes del ejercicio del poder, que el delegado ejercería el poder de acuerdo con los deberes impuestos a los administradores de la Sociedad por esta Ley y los Estatutos de la Sociedad se cree con motivos razonables; y
(b) ha supervisado el ejercicio de la autoridad del delegado mediante métodos apropiados aplicados correctamente.
Subsección II - Nombramiento, destitución y dimisión de los administradores
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Delegation of powers
(1) Subject to any restrictions in the memorandum or articles of the company,
the board of a company may delegate to a committee of directors, a
director or employee of the company, or to any other person, any one or
more of its powers, except that the directors have no power to delegate
the following powers —
(a) to approve distributions by the company, including to make a
determination under section 70(1) or 71(1) that the company will,
immediately after a proposed distribution, satisfy the solvency
test;
(b) to amend the memorandum or articles;
(c) to designate committees of directors;
(d) to delegate powers to a committee of directors;
(e) to appoint or remove directors;
(f) to appoint or remove an agent;
(g) to approve a plan or merger, consolidation or arrangement; or
(h) to approve the company‘s voluntary winding up under Sub-Part
II or Sub-Part III of Part XVII.
(2) A board that delegates a power under subsection (1) is responsible for the
exercise of the power by the delegate as if the power had been exercised
by the board, unless the board —
(a) believed on reasonable grounds at all times before the exercise of
the power that the delegate would exercise the power in
conformity with the duties imposed on directors of the company
by this Act and the company‘s memorandum and articles; and
(b) has monitored, by means of reasonable methods properly used,
the exercise of the power by the delegate.
the board of a company may delegate to a committee of directors, a
director or employee of the company, or to any other person, any one or
more of its powers, except that the directors have no power to delegate
the following powers —
(a) to approve distributions by the company, including to make a
determination under section 70(1) or 71(1) that the company will,
immediately after a proposed distribution, satisfy the solvency
test;
(b) to amend the memorandum or articles;
(c) to designate committees of directors;
(d) to delegate powers to a committee of directors;
(e) to appoint or remove directors;
(f) to appoint or remove an agent;
(g) to approve a plan or merger, consolidation or arrangement; or
(h) to approve the company‘s voluntary winding up under Sub-Part
II or Sub-Part III of Part XVII.
(2) A board that delegates a power under subsection (1) is responsible for the
exercise of the power by the delegate as if the power had been exercised
by the board, unless the board —
(a) believed on reasonable grounds at all times before the exercise of
the power that the delegate would exercise the power in
conformity with the duties imposed on directors of the company
by this Act and the company‘s memorandum and articles; and
(b) has monitored, by means of reasonable methods properly used,
the exercise of the power by the delegate.
Amended since 2016
Act 32 of 2021 · 2021-08-02
22. The principal Act is amended, by repealing section 132, and
substituting therefor the following section —
Committee of directors
“132.(1) Subject to the memorandum and articles of the
company and to subsection (2), the directors may —
(a) designate one or more committees of directors,
each consisting of one or more directors; and
(b) delegate to the committee one or more of their
powers, including the power to affix the
common seal of the company.
(2) Notwithstanding anything in the memorandum or
articles of the company, the directors shall not delegate to a
committee of directors any power to —
(a) amend the memorandum or articles, including
to change the registered agent or registered
office of the company;
(b) designate committees of directors;
(c) delegate powers to a committee of directors;
(d) appoint or remove directors;
(e) appoint or remove an agent;
(f) approve a plan or merger, consolidation or
arrangement;
(g) approve voluntary winding up of the company
under Sub-Part II or Sub-Part III of Part XVII; or
(h) approve distribution by the company, including
to make a determination under section 70(1) or
71(1) that the company will, immediately after a
proposed distribution, satisfy the solvency test.
(3) Subsection (2)(b) and (c) shall not prevent a
committee of directors, where authorised by the directors, from
appointing a sub-committee and delegating powers exercisable by
the committee to the sub-committee.
(4) The directors who delegate any power under
subsection (1) shall be responsible for the exercise of the power by
the committee as if the power had been exercised by the directors,
unless the directors prove that the exercise of power by the
committee was outside the scope of the delegated authority.”.
substituting therefor the following section —
Committee of directors
“132.(1) Subject to the memorandum and articles of the
company and to subsection (2), the directors may —
(a) designate one or more committees of directors,
each consisting of one or more directors; and
(b) delegate to the committee one or more of their
powers, including the power to affix the
common seal of the company.
(2) Notwithstanding anything in the memorandum or
articles of the company, the directors shall not delegate to a
committee of directors any power to —
(a) amend the memorandum or articles, including
to change the registered agent or registered
office of the company;
(b) designate committees of directors;
(c) delegate powers to a committee of directors;
(d) appoint or remove directors;
(e) appoint or remove an agent;
(f) approve a plan or merger, consolidation or
arrangement;
(g) approve voluntary winding up of the company
under Sub-Part II or Sub-Part III of Part XVII; or
(h) approve distribution by the company, including
to make a determination under section 70(1) or
71(1) that the company will, immediately after a
proposed distribution, satisfy the solvency test.
(3) Subsection (2)(b) and (c) shall not prevent a
committee of directors, where authorised by the directors, from
appointing a sub-committee and delegating powers exercisable by
the committee to the sub-committee.
(4) The directors who delegate any power under
subsection (1) shall be responsible for the exercise of the power by
the committee as if the power had been exercised by the directors,
unless the directors prove that the exercise of power by the
committee was outside the scope of the delegated authority.”.
