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  • Section 351 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 351 CAMA 2020 Section 351 Companies and Allied Matters Act is about Interim costs. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. In an application made or an action brought or intervened in under section 346, the court may at…

  • Section 350 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 350 CAMA 2020 Section 350 Companies and Allied Matters Act is about No security for costs. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. An applicant shall not be required to give security for costs in any application made or…

  • Section 349 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 349 CAMA 2020 Section 349 Companies and Allied Matters Act is about Court’s approval to discontinue. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. An application made or an action brought or intervened in under section 346 shall not be…

  • Section 348 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 348 CAMA 2020 Section 348 Companies and Allied Matters Act is about Evidence of shareholders’ approval not decisive. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. An application made or an action brought or intervened in under section 6 shall…

  • Section 347 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 347 CAMA 2020 Section 347 Companies and Allied Matters Act is about Powers of the Court to make orders in derivative actions under section 346. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) In connection with an action brought…

  • Section 346 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 346 CAMA 2020 Section 346 Companies and Allied Matters Act is about Commencing derivative action. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Subject to the provisions of subsection (2), an applicant may apply to the Court for leave…

  • Section 345 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 345 CAMA 2020 Section 345 Companies and Allied Matters Act is about Definition of member. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. For the purpose of sections 343 and 344 of this Act, “member”includes— (a) the personal representative of…

  • Section 344 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 344 CAMA 2020 Section 344 Companies and Allied Matters Act is about Personal and representative action. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) Where a member institutes a personal action to enforce aright due to him personally, or…

  • Section 343 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 343 CAMA 2020 Section 343 Companies and Allied Matters Act is about Protection of minority: in junction and declaration in certain cases. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. Without prejudice to the rights of members under sections 346-351and…

  • Section 342 Companies and Allied Matters Act (CAMA) 2020

    October 11, 2024
    Nigeria CAMA 2020

    Section 342 CAMA 2020 Section 342 Companies and Allied Matters Act is about Procedure for major asset transaction. It is under Chapter 13 (Protection of minority against illegal and oppressive conduct action by or against the company) of the Act. (1) For the purposes of this section, “major asset transaction”means a transaction or related series…

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