Companies Act, 2008 (Act No. 71 of 2008)

Chapter 9 : Offences, Miscellaneous Matters and General Provisions

Part B : Miscellaneous matters

219. Limited time for initiating complaints
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(1)A complaint in terms of this Act may not be initiated by, or made to, the Commission or the Panel, more than three years after—
(a)the act or omission that is the cause of the complaint; or
(b)in the case of a course of conduct or continuing practice, the date that the conduct or practice ceased.

 

(2)A complaint may not be prosecuted in terms of this Act against any person that is, or has been, a respondent in proceedings under another section of this Act relating substantially to the same conduct.