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Section 772 CAMA 2020 Section 772 Companies and Allied Matters Act is about Maintenance of books of accounts,other records and audit,etc. It is under Chapter 6 (Financial disclosures) of the Act. (1) The limited liability partnership shall maintain such proper books of account as may be prescribed relating to its affairs for each year of…
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Section 771 CAMA 2020 Section 771 Companies and Allied Matters Act is about Obligation to contribute. It is under Chapter 5 (Contributions) of the Act. (1) An obligation of a partner to contribute money, property or other benefit or to perform services for a limited liability partnership shall be in accordance with the limited liability…
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Section 770 CAMA 2020 Section 770 Companies and Allied Matters Act is about Form of contribution. It is under Chapter 5 (Contributions) of the Act. (1) A partner’s contribution may consist of tangible, intangible,movable, immovable or property or other benefit to the limited liability partnership, including money, promissory notes, other agreements to contribute cash or…
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Section 769 CAMA 2020 Section 769 Companies and Allied Matters Act is about Unlimited liability incase of fraud. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) In the event of an act carried out by a limited liability partnership, or any of its…
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Section 768 CAMA 2020 Section 768 Companies and Allied Matters Act is about Holding out. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A person who by words spoken or written or by conduct,represents himself, or knowingly permits himself to be represented to…
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Section 767 CAMA 2020 Section 767 Companies and Allied Matters Act is about Extent of liability of partner. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A partner is not personally liable, directly or indirectly for an obligation referred to in section 766…
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Section 766 CAMA 2020 Section 766 Companies and Allied Matters Act is about Extent of liability of limited liability partnership. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. (1) A limited liability partnership is not bound by anything done by a partner in dealing…
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Section 765 CAMA 2020 Section 765 Companies and Allied Matters Act is about Partner as agent. It is under Chapter 4 (Extent and limitation of liability of limited liability partnership and partners) of the Act. A partner of a limited liability partnership is, for the purpose of the business of the limited liability partnership, the…
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Section 764 CAMA 2020 Section 764 Companies and Allied Matters Act is about Registration of change in particulars of partners. It is under Chapter 3 (Partners and their relations) of the Act. (1) Every partner shall inform the limited liability partnership of any change in his name or address within 15 days of the change.…
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Section 763 CAMA 2020 Section 763 Companies and Allied Matters Act is about Cessation of partnership interest. It is under Chapter 3 (Partners and their relations) of the Act. (1) A person may cease to be a partner of a limited liability partnership in accordance with an agreement with the other partners or, in the…