Category: Nigeria CAMA 2020
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Section 127 Companies and Allied Matters Act 2020 Section 127 Companies and Allied Matters Act is about Increase of issued share capital and notice of increase. It is under Chapter 7 (Share Capital) of PART B (Incorporation of Companies and Incidental Matters) of the Act. (1) A company having a share capital, may in general meeting and not otherwise,increase its…
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Section 126 CAMA 2020 Section 126 Companies and Allied Matters Act is about Notice required where shares consolidated, etc. It is under Chapter 7 (Share Capital) of PART B (Incorporation of Companies and Incidental Matters) of the Act. (1) If a company having a share capital has—(a) consolidated and divided its share capital into shares of larger amount than its…
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Section 125 CAMA 2020 Section 125 Companies and Allied Matters Act is about Alteration of share capital by consolidation, etc. It is under Chapter 7 (Share Capital) of PART B (Incorporation of Companies and Incidental Matters) of the Act. A company having a share capital may in general meeting and not otherwise, alter the conditions of its memorandum to —…
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Section 870 CAMA 2020 Section 870 Companies and Allied Matters Act is about Citation. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. This Act may be cited as the Companies and Allied Matters Act, 2020.
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Section 869 CAMA 2020 Section 869 Companies and Allied Matters Act is about Repeal and savings. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. (1) Subject to the provisions of this section, the Companies and Allied Matters Act, 1990, the Companies and Allied Matters (Amendment)Act 1990, the Companies and Allied Matters (Amendment)…
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Section 868 CAMA 2020 Section 868 Companies and Allied Matters Act is about Interpretations. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. (1) In this Act— “agent” does not include a legal practitioner acting as counsel for any person ; “alien” means a person or association, whether corporate or unincorporated, other than…
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Section 867 CAMA 2020 Section 867 Companies and Allied Matters Act is about Regulations. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. The Commission may, with the approval of the Minister, make regulations generally for the purpose of this Act and in particular, make regulations— (a) prescribing the forms, returns and other…
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Section 866 CAMA 2020 Section 866 Companies and Allied Matters Act is about Power to compound offences. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. The Commission shall have power to compound any administrative offence under this Act by accepting such sums of money as it deems fit in the circumstance but…
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Section 865 CAMA 2020 Section 865 Companies and Allied Matters Act is about Access to premises,etc. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. (1) An authorised officer of the Commission shall at all reasonable times have access to premises, buildings, offices, places, books or documents in the custody or under the…
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Section 864 CAMA 2020 Section 864 Companies and Allied Matters Act is about Retention of records archived in soft copies. It is under Chapter 2 (Miscellaneous and supplemental) of the Act. Companies, firms and corporate bodies registered under this Act shall retain documents stored in pursuance of the provisions of this Act in soft copies…