Section 776 CAMA 2020 Section 776 Companies and Allied Matters Act is about Application by partners for investigation. It is under Chapter 8 (Investigation) of the Act. An application by the partners of the limited liability partnership under section 775 (3) shall be supported by such evidence as the Commission may require for the purpose…

Section 775 CAMA 2020 Section 775 Companies and Allied Matters Act is about Investigation of the affairs of limited liability partnership. It is under Chapter 8 (Investigation) of the Act. (1) Where a court, by order, declares that the affairs of alimited liability partnership ought to be investigated, the Commission shall appoint one or more…

Section 774 CAMA 2020 Section 774 Companies and Allied Matters Act is about Partner’s transferable interest. It is under Chapter 7 (Assignment and transfer of partnership rights) of the Act. (1) Unless otherwise provided in the limited liability partnership agreement, the rights of a partner to a share of the profits and losses of a…

Section 773 CAMA 2020 Section 773 Companies and Allied Matters Act is about Annual return. It is under Chapter 6 (Financial disclosures) of the Act. (1) A limited liability partnership shall file an annual return with the Commission within 60 days of closure of its financial year in the form and manner and accompanied by…

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…

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…

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…

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…

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…

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…