Legal Analysis Of Section 850 Of The Companies And Allied Matters Act (CAMA) 2020

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 77%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

After years of anticipating the review of the primary law on companies in Nigeria, the President of Nigeria on the 7th day of August, 2020 signed into law the

Companies and Allied Matters Act, 2020 . The repeal and re-enactment of the CAMA, 1990 as CAMA 2020 is no doubt a major positive game changer in the corporate regulatory landscape.

SECTION 850 of the Act added a new ground for dissolution of an association by the Court or CAC to include withdrawal, cancellation, or revocation of certificate of registration by the Commission.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Legal framework to make Nigerians CEO of multinational oil companies scales first reading in RepsThe House of Representatives has introduced a bill that would mandate Nigerians to become Chief Executive Officers of multinational companies if it Good move but that will not solve the situation ,capitalism will always continue to give the western nation the advantage
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Kogi Deputy Governor's Business Partner, Enemona Josh Arrested By Police Over N530 Million Debt | Sahara ReportersSahara Reporters gathered that the ally and business partner of Edward Onoja, deputy governor of Kogi State was arrested at his residence around 10:30 am on Thursday by six policemen. They should arrest big thief not small thief... See how the idoit dey smile.... YeleSowore accused by his friends of stealing endsars grant
Source: SaharaReporters - 🏆 9. / 63 Read more »