Category: Nigeria CAMA 2020


  • Section 9 CAMA 2020 Section 9 Companies and Allied Matters Act, 2020, is about Appointment of Registrar-General. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Appointment of Registrar-General (1) The Commission shall appoint a Registrar-General who—(a) is qualified to practice as a legal practitioner in Nigeria;(b) has been so qualified for at…

  • Section 8 CAMA 2020 Section 8 Companies and Allied Matters Act, 2020, is about Functions of the Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Functions of the Commission (1) The functions of the Commission shall be to—(a) administer this Act, including the registration, regulation and supervision of—(i) the formation, incorporation,…

  • Section 7 CAMA 2020 Section 7 Companies and Allied Matters Act, 2020, is about Disclosure of interest. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Disclosure of interest (1) A member of the Board who is directly interested in any company or enterprise, the affairs of which are being deliberated upon by…

  • Section 6 CAMA 2020 Section 6 Companies and Allied Matters Act, 2020, is about Proceedings of the Board. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Proceedings of the Board (1) Subject to this section and section 27 of the Interpretation Act, the Board may make standing orders regulating its proceedings. (2)…

  • Section 5 CAMA 2020 Section 5 Companies and Allied Matters Act, 2020, is about Remuneration and allowance of members. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Remuneration and allowance of members Members of the Board appointed under section 2 (2) (a)-(b) shall be paid such remuneration and allowances as the Minister…

  • Section 4 CAMA 2020 Section 4 Companies and Allied Matters Act, 2020, is about Functions of the Board. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Functions of the Board The Board shall—(a) review and provide general policy guidelines for performing of the functions of the Commission in accordance with international commercial…

  • Section 3 CAMA 2020 Section 3 Companies and Allied Matters Act, 2020, is about Tenure of office and vacancy on the Board. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Tenure of office and vacancy on the Board (1) Subject to the provisions of subsection (2), a person appointed as a member…

  • Section 2 Companies and Allied Matters Act, 2020, is about Establishment of Governing Board of the Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Establishment of Governing Board of the Commission (1) There is established for the Commission, a Governing Board (in this Act referred to as “the Board”) which shall…

  • Section 1 CAMA 2020 Section 1 Companies and Allied Matters Act, 2020, is about Establishment of the Corporate Affairs Commission. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act. Establishment of the Corporate Affairs Commission (1) There is established the Corporate Affairs Commission (in this Act referred to as “the Commission”). (2) The…