Section 51 CAMA 2020 Section 51 Companies and Allied Matters Act is about Mode of alteration of business or objects. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Mode of alteration of business or objects (1) Where a company has stated…

Section 50 CAMA 2020 Section 50 Companies and Allied Matters Act is about Alteration of memorandum. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Alteration of memorandum (1) The name of the company shall not be altered except with the consent…

Section 49 CAMA 2020 Section 49 Companies and Allied Matters Act is about Restriction on alteration of memorandum. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Restriction on alteration of memorandum (1) A company may not alter the conditions contained in…

Section 48 CAMA 2020 Section 48 Companies and Allied Matters Act is about Copies of memorandum issued to embody alterations. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Copies of memorandum issued to embody alterations (1) Where an alteration is made…

Section 47 CAMA 2020 Section 47 Companies and Allied Matters Act is about Member’s right to copies of memorandum, etc. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Member’s right to copies of memorandum, etc. (1) A company shall, on being…

Section 46 CAMA 2020 Section 46 Companies and Allied Matters Act is about Effect of memorandum and articles. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Effect of memorandum and articles (1) Subject to the provisions of this Act, the memorandum…

Section 45 CAMA 2020 Section 45 Companies and Allied Matters Act is about Effect of reliance on restrictions in the memorandum. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Effect of reliance on restrictions in the memorandum (1) Where there is…

Section 44 CAMA 2020 Section 44 Companies and Allied Matters Act is about Effect of ultra vires acts. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Effect of ultra vires acts (1) A company shall not, carry on any business expressly…

Section 43 CAMA 2020 Section 43 Companies and Allied Matters Act is about Powers of companies and prohibition of donations for political purpose. It is under Chapter 1 (Capacity and Powers of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Powers of companies and prohibition of donations for political purpose…

Section 42 CAMA 2020 Section 42 Companies and Allied Matters Act is about Effect of registration. It is under Chapter 1 (Registration Of Companies) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Effect of registration As from the date of incorporation mentioned in the certificate of incorporation, the subscriber of the…