Category: Nigeria CAMA 2020


  • Section 29 CAMA 2020 Section 29 Companies and Allied Matters Act is about Name as stated in the memorandum of association. It is under Chapter 1 (Name of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Name as stated in the memorandum of association (1) The name of a private…

  • Section 28 CAMA 2020 Section 28 Companies and Allied Matters Act is about Form of memorandum of association. It is under Chapter 1 (Name of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Form of memorandum of association Subject to the provisions of section 27 of this Act, the form…

  • Section 27 CAMA 2020 Section 27 Companies and Allied Matters Act is about Requirements with respect to the memorandum of a company. It is under Chapter 1 (Memorandum Of Association) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Requirements with respect to the memorandum of a company (1) The memorandum of…

  • Section 26 CAMA 2020 Section 26 Companies and Allied Matters Act is about Company limited by guarantee. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Company limited by guarantee (1) Where a company is to be formed for the promotion of commerce, art,…

  • Section 25 CAMA 2020 Section 25 Companies and Allied Matters Act is about Unlimited company. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Unlimited company An unlimited company shall be registered with a share capital not below the minimum issued share capital permitted…

  • Section 24 CAMA 2020 Section 24 Companies and Allied Matters Act is about Public company. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Public company Any company other than a private company shall be a public company and its memorandum of association shall…

  • Section 23 CAMA 2020 Section 23 Companies and Allied Matters Act is about Consequences of default in complying with conditions constituting a private company. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Consequences of default in complying with conditions constituting a private company…

  • Section 22 CAMA 2020 Section 22 Companies and Allied Matters Act, 2020, is about Private company. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Private company (1) Private company is one which is stated in its memorandum of association to be a private…

  • Section 21 CAMA 2020 Section 21 Companies and Allied Matters Act, 2020, is about Types of companies. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Types of companies (1) An incorporated company may be a company— (a) having the liability of its members…

  • Section 20 CAMA 2020 Section 20 Companies and Allied Matters Act, 2020, is about Capacity of individual to form company. It is under Chapter 1 (Formation of Company) of PART B (INCORPORATION OF COMPANIES AND INCIDENTAL MATTERS) of the Act. Capacity of individual to form company (1) Subject to subsection (2), an individual shall not…